Warianty tytułu
Central Bank as the Lender of Last Resort : Controversies around Performing the Function
Języki publikacji
Abstrakty
Celem artykułu jest prezentacja ewolucji koncepcji LOLR (Lender of Last Resort - pożyczkodawca ostatniej instancji) w bankowości centralnej wraz z podstawowymi elementami budzącymi dylematy, a także analiza rozwiązania funkcji LOLR w ramach Unii Europejskiej, w tym w ramach Unii Gospodarczej i Walutowej. (fragment tekstu)
The aim of the article is to present the main features of the evolution of the Lender of Last Resort (LOLR) concept. Then the author depicts the institutional and operational framework of the LOLR function within the EU and EMU. There are many controversies about LOLR function, both in theoretical research and empirical verification. These controversies arise in the case of monetary integration. (original abstract)
Rocznik
Strony
45--60
Opis fizyczny
Twórcy
autor
- Uniwersytet Łódzki
Bibliografia
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- Szczepańska O., Sotomska-Krzysztofik P., Pawliszyn M., Pawlikowski A., Instytucjonalne uwarunkowania stabilności finansowej na przykładzie wybranych krajów, "Materiały i Studia NBP" 2004, z. 173.
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171189757