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American Economic Review: Vol. 99 No. 2 (May 2009)

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Leverage and the Central Banker's Put

Article Citation

Farhi, Emmanuel, and Jean Tirole. 2009. "Leverage and the Central Banker's Put." American Economic Review, 99(2): 589-93.

DOI: 10.1257/aer.99.2.589

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Authors

Farhi, Emmanuel (Harvard U)
Tirole, Jean (Toulouse School of Economics)

JEL Classifications

E44: Financial Markets and the Macroeconomy
E58: Central Banks and Their Policies
G21: Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages


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