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The New Lombard Street : How the Fed Became the Dealer of Last Resort /

Walter Bagehot's Lombard Street, published in 1873 in the wake of a devastating London bank collapse, explained in clear and straightforward terms why central banks must serve as the lender of last resort to ensure liquidity in a faltering credit system. Bagehot's book set down the princip...

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Detalles Bibliográficos
Autor principal: Mehrling, Perry
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton, N.J. : Princeton University Press, 2011.
Colección:Book collections on Project MUSE.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Mehrling, Perry. 
245 1 4 |a The New Lombard Street :   |b How the Fed Became the Dealer of Last Resort /   |c Perry Mehrling. 
264 1 |a Princeton, N.J. :  |b Princeton University Press,  |c 2011. 
264 3 |a Baltimore, Md. :  |b Project MUSE,   |c 2020 
264 4 |c ©2011. 
300 |a 1 online resource (192 pages):   |b illustrations 
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505 0 |a Cover; Title Page; Copyright Page; Table of Contents; Acknowledgments; One: Lombard Street, Old and New; Two: Origins of the Present System; Three: The Age of Management; Four: The Art of the Swap; Five: What Do Dealers Do?; Six: Learning from the Crisis; Conclusion; Notes; References; Index. 
520 |a Walter Bagehot's Lombard Street, published in 1873 in the wake of a devastating London bank collapse, explained in clear and straightforward terms why central banks must serve as the lender of last resort to ensure liquidity in a faltering credit system. Bagehot's book set down the principles that helped define the role of modern central banks, particularly in times of crisis--but the recent global financial meltdown has posed unforeseen challenges. The New Lombard Street lays out the innovative principles needed to address the instability of today's markets and to rebuild our financial system. 
546 |a English. 
588 |a Description based on print version record. 
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945 |a Project MUSE - Archive Political Science and Policy Studies Supplement VIII