Ancora sul credito di ultima istanza

P. CIOCCA

Abstract


Among the preventative surveillance measures on financial intermediation and the management of cases of formal insolvency of intermediaries are the defences against instability through the lender of last resort, a classic theme of central banking. At least three aspects of this issue, dating far back and yet still very relevant today, require further investigation: the relevance of credit of last resort today and in perspective, the criteria by which it should be modelled and the full adaptation of Italy’s institutional structure to these criteria. In this context, the author provides analysis.

  

JEL Codes: E52

 


Parole chiave


last-resort credit

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Copyright (c) 2016 P. CIOCCA

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ISSN 2037-3651

Reg. Tribunale di Roma n.377/2009 del 19/11/2009