Central Bank Emergency Support to Securities Markets /

This paper considers the central bank mandate with respect to financial stability and identifies the links to the functioning of securities markets. It argues that while emergency support to securities markets is an important part of the crisis management response, a high bar should be set for its u...

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Bibliographic Details
Main Author: King, Darryl
Other Authors: Brandao Marques, Luis, Eckhold, Kelly, Lindner, Peter
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/152
Online Access:Full text available on IMF