Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
967663 | Journal of Monetary Economics | 2014 | 4 Pages |
Abstract
- Bagehot argued that lifeboats are always suboptimal.
- Assessing systemicness is difficult.
- Too much information is required to offset undesirable distributional effects.
- Optimal lifeboats might be impossible to implement.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Stefano Ugolini,