How to Stop a Herd of Running Bears? Market Response to Policy Initiatives During the Global Financial Crisis.

This paper examines the impact of macroeconomic and financial sector policy announcements in the United States, the United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia. Announcements of interest rate cuts, liquidity support, liability guara...

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Bibliographic Details
Author / Creator: Fund, International Monetary.
Other Authors / Creators:Jobst, Andreas.
Nowak, Sylwia Barbara.
Format: eBook Electronic
Imprint: Washington : International Monetary Fund, 2009.
Series:IMF Working Papers
Local Note:Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2022. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
Online Access:Click to View