Investigators from University of Pennsylvania Target Economics (Credit Markets and the Visible Hand: the Discount Window and the Macroeconomy): Economics
2024 AUG 23 (NewsRx) -- By a
Our news journalists obtained a quote from the research from the
According to the news editors, the research concluded: “Focusing on the problematic credit market for debtors-in-possession in the midst of bankruptcy, the Article suggests a reformed system that safeguards the Fed, supports small and medium-sized enterprises, and stabilizes the macroeconomy without exposing the system to the pockets of instability that the Fed’s overreliance on dramatic intervention can do.”
This research has been peer-reviewed.
For more information on this research see: Credit Markets and the Visible Hand: the Discount Window and the Macroeconomy. Yale Journal On Regulation, 2024;41(1). Yale Journal On Regulation can be contacted at: Yale Journal On Regulation,
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