Jens van 't Klooster and Eric Monnet
More “A Symposium on Central Banks & the Climate Crisis
Mandates are Never Narrow: How Monetary Policy Can be Green and Democratic”
Category: Eric Monnet
A Symposium on Central Banks & the Climate Crisis
Current Scholarship
Connected Lending of Last Resort
Kris James Mitchener, Santa Clara University, and Eric Monnet, Paris School of Economics
Utilizing a novel, hand-collected historical daily dataset on loans to commercial banks, we analyze how personal connections matter for lending of last resort, highlighting the importance of governance for this core function of central banks.
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Connected Lending of Last Resort”