现代最后贷款人操作规则的创新与发展  

Challenges and Development of Operational Principles of the Modern Lender of Last Resort

作　　者：汤凌霄[1] 胥若男[1] 

机构地区：[1]长沙理工大学经济与管理学院,湖南长沙410076

出　　处：《长沙理工大学学报（社会科学版）》2009年第1期16-21,共6页Journal of Changsha University of Science and Technology：Social Science

基　　金：国家社科基金项目"金融国际化视野的现代最后贷款人制度研究"(08BJL017)阶段性研究成果

摘　　要：随着金融一体化趋势下金融危机频率加快、国际蔓延性增强以及对各国经济影响增大,各国央行运用最后贷款人职能应对危机的实践也日益丰富起来,从而对传统最后贷款人的操作原则形成直接的挑战与质疑,促成现代最后贷款人制度的创新与发展。论文分析并评述了最后贷款人的主体、客体、利率及方式等。With the world＇s financial integrating, financial crises speeding up and spreading out internationally as well as their economic impact increasing, central hanks＇practices as the lender of last resort to deal with the crisis has become more abundant. These practices have brought about direct suspicion and challenges to the theory of traditional lender of last resort and consequently resulted in the renovation and development of the modern lender of last resort. This article makes a comprehensive exposition and a brief comment upon the subject, the object, the interests and means of the lender of last resort.

关 键 词：最后贷款人 惩罚性利率 公开市场业务 贴现窗口 

分 类 号：F830.99[经济管理—金融学]