Liquidity, Risk Taking, and the Lender of Last Resort

By Rafael Repullo. 2005

197 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/8cdfd521be2d725b1d29edc7680f1ecd1d1095f3

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

1. Elena Carletti
2. Franklin Allen
3. Douglas Gale
4. Xavier Vives
5. Markus K. Brunnermeier
6. Thorsten Beck
7. V. Acharya
8. Allen N. Berger

Citations in the corpus

• Strategic Complementarity, Fragility, and Regulation (2014, background): “32 Rochet and Vives (2004) study the central bank’s lender of last resort (LOLR) facility.”
• Interbank market liquidity and central bank intervention (2009, background): “Repullo (2005) considers the poor functioning of interbank markets due to banks’ free riding on central bank liquidity.”