Financial Instability, Reserves, and Central Bank Swap Lines in the Panic of 2008
研究2008年金融危机期间,央行互换额度如何缓解金融不稳定,对理解危机应对政策有参考价值。
Financial Instability, Reserves, and Central Bank Swap Lines in the Panic of 2008 by Maurice Obstfeld, Jay C. Shambaugh and Alan M. Taylor. Published in volume 99, issue 2, pages 480-86 of American Economic Review, May 2009