The Promise and Performance of the Federal Reserve as Lender of Last Resort 1914-1933
收藏NBER2011-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16763
下载链接
链接失效反馈官方服务：
资源简介：
This paper examines the origins and early performance of the Federal Reserve as lender of last resort. The Fed was established to overcome the problems of the National Banking era, in particular an "inelastic" currency and the absence of an effective lender of last resort. As conceived by Paul
本文探讨了美联储（Federal Reserve）作为最后贷款人（lender of last resort）的起源与早期运作表现。美联储的设立旨在解决国民银行时代存在的诸多问题，尤其是弹性不足的货币与有效最后贷款人机制缺失的困境。正如保罗（Paul）所构想的那样
提供机构：
美国国家经济研究局
创建时间：
2011-02-01
