On the one hand, LOLR is productive ex post as it can avoid inefficient liquidation.
一方面，LOLR是事后有效率的，因为它避免了无效率的清算。
On the other hand, the presence of an imperfectly informed LOLR is conductive to the moral hazard problem, So it is ex ante inefficiency.
另一方面，拥有不完全信息的LOLR 容易引发道德风险问题，从而是事前无效率的。
There has not been a consensus with respect to lender of last resort (LOLR) across countries, whether in central banking legislation or in central banks practices.
迄今为止无论是在中央银行立法还是在中央银行的具体操作上各国对于最后贷款人制度尚未形成统一的做法。
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