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  3. American Economic Review
  4. May 2009
  5. Financial Instability, Reserves, and Central Bank Swap Lines in the Panic of 2008

Financial Instability, Reserves, and Central Bank Swap Lines in the Panic of 2008

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Citation

Obstfeld, Maurice, Jay C. Shambaugh, and Alan M. Taylor. 2009. "Financial Instability, Reserves, and Central Bank Swap Lines in the Panic of 2008." American Economic Review, 99 (2): 480-86. DOI: 10.1257/aer.99.2.480

Additional Materials

JEL Classification

  • E44 Financial Markets and the Macroeconomy
  • E58 Central Banks and Their Policies
  • F31 Foreign Exchange
  • G20 Financial Institutions and Services: General