Policy insights

Policy Insights

Policy Insight 31: Liquidity insurance for systemic crises

In this new Policy Insight Enrico Perotti and Javier Suarez explain how a liquidity and capital insurance arrangement could provide emergency liquidity (and perhaps capital) and protect the economy against systemic crises.

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Perotti, E and J Suarez (2009), Policy Insight 31: Liquidity insurance for systemic crises, CEPR Policy Insight No 31, CEPR Press, Paris & London. https://cepr.org/publications/policy-insight-31-liquidity-insurance-systemic-crises