00000nam 2200000zi 4500 9.943971 CaOODSP 20251202083544 m o d f cr mn||||||||| 241009t20242024onca ob f000 0 eng d CaOODSP eng rda CaOODSP eng eng fre FB3-6/2024-6E-PDF Brooks, Skylar, author. Central bank liquidity policy in modern times / by Skylar Brooks. [Ottawa] : Bank of Canada = Banque du Canada, 2024. ©2024 1 online resource (ii, 39 pages) : colour illustration. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff discussion paper = Document d'analyse du personnel, 1914-0568 ; 2024-6 ISSN assigned to different series. "Last updated: June 21, 2024." Includes bibliographical references (pages 34-39). "Central banks play a crucial role in promoting financial stability. They act as financial system stabilizers through their capacity to create liquidity and channel it to financial institutions and markets in times of stress—a role that has evolved and expanded substantially over the past 15 years. This paper provides a stylized discussion of recent policy developments in this area and what they mean for debates and decisions about the design of central bank liquidity policy. Across several policy dimensions, the paper outlines broad changes since the 2008–09 global financial crisis and highlights some of the key challenges, choices and considerations facing the designers of central bank liquidity tools today"--Abstract, page ii. Includes abstracts in English and French. Lenders of last resort. Bank liquidity. Prêteurs en dernier ressort. Banques Liquidité. Staff discussion paper (Bank of Canada) 2024-6. (CaOODSP)9.806273 PDF 655 KB https://publications.gc.ca/collections/collection_2024/banque-bank-canada/FB3-6-2024-6-eng.pdf