The Federal Reserve’s Discount Window and TAF Programs
Berger, Allen N. and Black, Lamont K and Bouwman, Christa H. S. and Dlugosz, Jennifer, The Federal Reserve’s Discount Window and TAF Programs: ‘Pushing on a String?’ (April 25, 2014). Available at SSRN: http://ssrn.com/abstract=2429710 “The Federal Reserve injected unprecedented liquidity into banks during the crisis using the discount window and Term Auction Facility. We examine these …