Journal Article

Financial amplification mechanisms and the Federal Reserve’s supply of liquidity during the crisis

Abstract: New York Fed economists Asani Sarkar and Jeffrey Shrader examine the Federal Reserve?s recent liquidity actions in the context of studies on financial amplification mechanisms, whereby an initial financial sector shock triggers substantially larger shocks elsewhere in the sector and in the broader economy. Presented at \\"Central Bank Liquidity Tools and Perspectives on Regulatory Reform\\" a conference sponsored by the Federal Reserve Bank of New York, February 19-20, 2009.

Keywords: Federal Reserve System; Liquidity (Economics); Financial crises;

Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Economic Policy Review

Publication Date: 2010

Volume: 16

Issue: Aug

Pages: 55-74