The Effect of the Central Bank Liquidity Support during Pandemics: Evidence from the 1918 Spanish In...
The Effect of the Central Bank Liquidity Support during Pandemics: Evidence from the 1918 Spanish Influenza Pandemic
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St. Louis: Federal Reserve Bank of St. Louis
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English
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St. Louis: Federal Reserve Bank of St. Louis
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The coronavirus outbreak raises the question of how central bank liquidity support affects financial stability and promotes economic recovery. Using newly assembled data on cross-county flu mortality rates and state-charter bank balance sheets in New York, we investigate the effects of the 1918 Influenza Pandemic on the banking system and the role...
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The Effect of the Central Bank Liquidity Support during Pandemics: Evidence from the 1918 Spanish Influenza Pandemic
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TN_cdi_proquest_journals_2586522059
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2586522059
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DOI
10.17016/FEDS.2020.050
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https://www.proquest.com/docview/2586522059?pq-origsite=primo&accountid=13902