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How new Fed corporate bond programs cushioned the Covid-19 recession()

In the financial crisis and recession induced by the Covid-19 pandemic, many investment-grade firms became unable to borrow from securities markets. In response, the Fed not only reopened its commercial paper funding facility but also announced it would purchase newly issued and seasoned corporate b...

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Detalles Bibliográficos
Autores principales: Bordo, Michael D., Duca, John V.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Science B.V. etc.] 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8776343/
https://www.ncbi.nlm.nih.gov/pubmed/35079196
http://dx.doi.org/10.1016/j.jbankfin.2022.106413