Front Matter
Author:
Mr. Pablo F Druck
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and
Mr. Mario Dehesa
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Front Matter Page

Western Hemisphere Department

Authorized for distribution by Paul Cashin

Contents

  • I. Introduction

  • II. The LOLR Facility and its Monetary Effects

  • III. The ECCB’s Institutional Architecture

  • IV. The Model

  • V. Conclusions

  • Tables

  • 1. Numerical Simulation of the Liquidity Assistance Model (Two Countries)

  • 2. Liquidity Assistance Model—Including Foreign Credit Line (FCL) (Two Countries)

  • Box

  • 1. The CFA Franc Arrangement

  • References

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The Eastern Caribbean Central Bank: Challenges to an Effective Lender of Last Resort
Author:
Mr. Pablo F Druck
and
Mr. Mario Dehesa