Financial crises, contagion, and the lender of last resort : a reader

1. Introduction / Charles Goodhart And Gerhard Illing -- 2. Lender Of Last Resort: A Review Of The Literature / Xavier Freixas, Curzio Giannini And Glenn Hoggarth / [et Al.] -- 3. An Enquiry Into The Nature And Effects Of The Paper Credit Of Great Britain / Henry Thornton -- 4. A General View Of Lombard Street / Walter Bagehot -- 5. The Lender Of Last Resort: A Historical Perspective / Thomas M. Humphrey And Robert E. Keleher -- 6. The Lender Of Last Resort: Alternative Views And Historical Experience / Michael D. Bordo -- 7. The Central Banking Role Of Clearinghouse Associations / Richard H. Timberlake, Jr. -- 8. Financial Deregulation, Monetary Policy, And Central Banking / Marvin Goodfriend And Robert G. King -- 9. Lender Of Last Resort: A Contemporary Perspective / George G. Kaufman -- 10. The Bagehot Problem / Fred Hirsch -- 11. On The Lender Of Last Resort / Robert M. Solow -- 12. Financial Crises, Payment System Problems, And Discount Window Lending / Mark J. Flannery --^ 13. Myths About The Lender Of Last Resort / Charles Goodhart -- 14. Systemic Risk In Banking: A Survey / Olivier De Bandt And Philipp Hartmann -- 15. Bank Runs, Deposit Insurance, And Liquidity / Douglas W. Diamond And Philip H. Dybvig -- 16. Optimal Currency Crises / Franklin Allen And Douglas Gale -- 17. Banking Panics: The Role Of The First-come, First-served Rule And Information Externalities / Yehning Chen -- 18. Financial Contagion / Franklin Allen And Douglas Gale -- 19. Systemic Risk, Interbank Relations, And Liquidity Provision By The Central Bank / Xavier Freixas, Bruno M. Parigi And Jean-charles Rochet -- 20. Can There Be An International Lender-of-last-resort? / Forrest Capie -- 21. Earmarks Of A Lender Of Last Resort / Anna J. Schwartz -- 22. Meltzer Report Of The International Financial Institution Advisory Committee, March 2000 -- 23. The Asian Crisis: Lessons For Crisis Management And Prevention / Richard Brealey --^ 24. On The Need For An International Lender Of Last Resort / Stanley Fischer -- 25. Pitfalls In International Crisis Lending / Curzio Giannini. Edited By Charles Goodhart, Gerhard Illing. Includes Bibliographical References And Index. Financial crises have become more frequent over the last 20 years. This book illuminates the debate over how the monetary authorities should handle these crises by bringing together a selection of the best writings on the subject During the nineteenth and at the beginning of the twentieth century, financial crises were a common phenomenon in many countries.