Is the Discount Window Necessary? A Penn-Central Perspective
收藏NBER1993-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4573
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资源简介：
The discount window has been under attack recently as a costly and unnecessary tool of policy. This paper argues that the primary role of the discount window should be to provide occasional, temporary support to particular financial markets during localized financial crises. The benefits of the
提供机构：
美国国家经济研究局
创建时间：
1993-12-01
