The reluctance to borrow from the Fed

被引：20

作者：

Furfine, C ^{[1
]}

机构：

[1] Bank Int Settlements, CH-4002 Basel, Switzerland

来源：

ECONOMICS LETTERS | 2001年 / 72卷 / 02期

关键词：

discount window; special lending facility; federal funds market;

D O I：

10.1016/S0165-1765(01)00419-0

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Banks prefer borrowing in the federal funds market, even when the Fed offers a confidential, guilt-free, and less expensive alternative. This suggests that commercial banks deliberately avoid borrowing from the central bank. (C) 2001 Elsevier Science B.V. All rights reserved.

引用

页码：209 / 213

页数：5