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The Federal Reserve System Purposes and Functions
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Authors: Board of Governors of the Federal Reserve System
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Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the internation
Central Bank Emergency Support to Securities Markets
Language: en
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Authors: Darryl King
Categories: Business & Economics
Type: BOOK - Published: 2017-07-10 - Publisher: International Monetary Fund

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This paper considers the central bank mandate with respect to financial stability and identifies the links to the functioning of securities markets. It argues t
The Lender of Last Resort Function after the Global Financial Crisis
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Type: BOOK - Published: 2016-01-22 - Publisher: International Monetary Fund

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The global financial crisis (GFC) has renewed interest in emergency liquidity support (sometimes referred to as “Lender of Last Resort”) provided by central
Managing Systemic Banking Crises
Language: en
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Type: BOOK - Published: 2020-02-11 - Publisher: International Monetary Fund

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This paper updates the IMF’s work on general principles, strategies, and techniques from an operational perspective in preparing for and managing systemic ban
Managing the Sovereign-Bank Nexus
Language: en
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This paper reviews empirical and theoretical work on the links between banks and their governments (the bank-sovereign nexus). How significant is this nexus? Wh