2015•SSRN Electronic JournalOpen access

Why Do We Need Both Liquidity Regulations and a Lender of Last Resort? A Perspective from Federal Reserve Lending During the 2007-09 U.S. Financial Crisis

Mark A. Carlson, Burcu Duygan-Bump, William R. Nelson

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Key concepts: Lender of last resort, Perspective (graphical), Market liquidity, Financial crisis, Financial system, Business, Finance, Economics

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Why Do We Need Both Liquidity Regulations and a Lender of Last Resort? A Perspective from Federal Reserve Lending During the 2007-09 U.S. Financial Crisis — Research Paper | ScholarLens