FDICIA's Emergency Liquidity Provisions
研究了1991年《联邦存款保险公司改进法》中非银行机构获取美联储贴现窗口标准的变化,指出该法虽收缩了资本不足银行的联邦金融安全网,却实质上扩大了未保险非银行机构的安全网。
An exploration of the change in standards for Federal Reserve discount window access by nonbanks encompassed in the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA), concluding that although it retrenched the federal financial safety net for undercapitalized insured depository institutions, the provision effectively expanded the safety net for uninsured nonbanks, irrespective of their capital or net worth positions.