Title:

Is There Stigma Associated With Discount Window Borrowing?, No. 10-05

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Is There Stigma Associated With Discount Window Borrowing?, No. 10-05

DATE: May 2010

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ABSTRACT: There is considerable anecdotal and empirical evidence suggesting that banks are reluctant to borrow from the Fed's discount window. This behavior is commonly explained as the result of stigma attached to this source of funding, though stigma is hard to establish conclusively. New theoretical research provides a formal framework to analyze stigma, including the recent policies introduced to deal with it.

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Haltom, Renee Courtois , Ennis, Huberto M. and Federal Reserve Bank of Richmond. "Is There Stigma Associated With Discount Window Borrowing?, No. 10-05," Economic Brief (May 2010). https://fraser.stlouisfed.org/title/6034/item/583876, accessed on May 28, 2022.

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