Managing stigma during a financial crisis
How should regulators design effective emergency lending facilities to mitigate stigma during a financial crisis? I explore this question using data from an unexpected disclosure of partial lists of banks that secretly borrowed from the lender of last resort during the Great Depression. I find evide...
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Format: | Article |
Language: | English |
Published: |
Elsevier B.V.
2018
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Online Access: | View Fulltext in Publisher |