{"id":247,"date":"2019-01-15T16:04:56","date_gmt":"2019-01-15T21:04:56","guid":{"rendered":"https:\/\/sites.bu.edu\/perry\/?page_id=247"},"modified":"2019-01-17T15:41:03","modified_gmt":"2019-01-17T20:41:03","slug":"12-lender-dealer-of-last-resort","status":"publish","type":"page","link":"https:\/\/sites.bu.edu\/perry\/lectures\/mb-lectures\/section-1\/12-lender-dealer-of-last-resort\/","title":{"rendered":"12:  Lender\/Dealer of Last Resort"},"content":{"rendered":"<p><strong><a href=\"\/perry\/files\/2019\/01\/Lec-12-Lender-or-Dealer-of-Last-Resort.pdf\">Lecture PDF<\/a><\/strong><\/p>\n<p>Lec 12-1:\u00a0Citibank and the SIVs<\/p>\n<p><a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/649efd8c-178b-11e2-8ebe-00144feabdc0.html#axzz2gyuohyym\"><span style=\"font-weight: 400;\">FT article link<\/span><\/a><\/p>\n<p><a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/649efd8c-178b-11e2-8ebe-00144feabdc0.html#axzz2gyuohyym\"><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/reGRRtHWz80\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/a><\/p>\n<p>Lec 12-2: The Art of Central Banking<\/p>\n<p><a href=\"http:\/\/books.google.com\/books\/about\/The_Art_of_Central_Banking.html?id=xlY-AAAAIAAJ\"><span style=\"font-weight: 400;\">The Art of Central Banking (Hawtrey Book)<\/span><\/a><\/p>\n<p><a href=\"http:\/\/www.newyorkfed.org\/markets\/Forms_of_Fed_Lending.pdf\"><span style=\"font-weight: 400;\">Forms of Fed Lending<\/span><\/a><\/p>\n<p><a href=\"http:\/\/www.newyorkfed.org\/markets\/Forms_of_Fed_Lending.pdf\"><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/5oriNHybOsc\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/a><\/p>\n<p>Lec 12-3: Evolution of Monetary Policy: 1951-1987<br \/>\n<iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/PZStGPgCWKk\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Lec 12-4: The Taylor Rule: 1987-2007<br \/>\n<iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/SJt4soq71HA\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Lec 12-5:\u00a0Monetary Transmission Mechanism<br \/>\n<iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/N8r9LGsysjE\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Lec 12-6: Anatomy of a normal crisis<br \/>\n<iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/8qGW896JlHg\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Lec 12-7:\u00a0Anatomy of a serious crisis<br \/>\n<iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/808nhtHPTac\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Lec 12-8:\u00a0Should the Fed intervene or not?<br \/>\n<iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/L_2FGkdSzgE\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Lec 12-9:\u00a0The Fed as Dealer of Last Resort: 2007-2009<br \/>\n<iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/xQ0HUa7FQwE\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lecture PDF Lec 12-1:\u00a0Citibank and the SIVs FT article link Lec 12-2: The Art of Central Banking The Art of Central Banking (Hawtrey Book) Forms of Fed Lending Lec 12-3: Evolution of Monetary Policy: 1951-1987 Lec 12-4: The Taylor Rule: 1987-2007 Lec 12-5:\u00a0Monetary Transmission Mechanism Lec 12-6: Anatomy of a normal crisis Lec 12-7:\u00a0Anatomy of [&hellip;]<\/p>\n","protected":false},"author":15799,"featured_media":0,"parent":223,"menu_order":12,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/sites.bu.edu\/perry\/wp-json\/wp\/v2\/pages\/247"}],"collection":[{"href":"https:\/\/sites.bu.edu\/perry\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sites.bu.edu\/perry\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sites.bu.edu\/perry\/wp-json\/wp\/v2\/users\/15799"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.bu.edu\/perry\/wp-json\/wp\/v2\/comments?post=247"}],"version-history":[{"count":2,"href":"https:\/\/sites.bu.edu\/perry\/wp-json\/wp\/v2\/pages\/247\/revisions"}],"predecessor-version":[{"id":407,"href":"https:\/\/sites.bu.edu\/perry\/wp-json\/wp\/v2\/pages\/247\/revisions\/407"}],"up":[{"embeddable":true,"href":"https:\/\/sites.bu.edu\/perry\/wp-json\/wp\/v2\/pages\/223"}],"wp:attachment":[{"href":"https:\/\/sites.bu.edu\/perry\/wp-json\/wp\/v2\/media?parent=247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}