A Quantification Of The 2008-2009 US Bailout Package
AbstractBy examining the credit crunch causes and effects, this paper reflects on the necessity of the banks bailout package and its alternatives and quantifies a maximum non-inflationary bailout amount which is unlikely to cause permanent adjustments in the long term (trade-weighted) exchange rate equilibrium level of the US dollar. Furthermore it determines that the current bailout amounts are less than the maximum non-inflationary bailout amount and determines that to resolve the underlying credit crunch problem, an increase in non-bank bailout M1 and/or a tax reduction is necessary.
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Bibliographic InfoArticle provided by Alexandru Ioan Cuza University, Faculty of Economics and Business Administration in its journal Review of Economic and Business Studies.
Volume (Year): (2009)
Issue (Month): 3 (May)
credit crunch; M1; M3; ISLM equilibrium; demand shock; Keynesian multiplier; monetary policy; fiscal policy; mortgage prepayments changes; MBS; velocity of money supply; long term equilibrium of exchange rates.;
Find related papers by JEL classification:
- M1 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration
- M3 - Business Administration and Business Economics; Marketing; Accounting - - Marketing and Advertising
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jamal Ibrahim Haidar, 2009.
"The mark-to-market valuation and executive pay package regulations within the 2009 US (Bailout) Emergency Economic Stabilization Act,"
Journal of Economic Policy Reform,
Taylor and Francis Journals, vol. 12(3), pages 189-199.
- Jamal Ibrahim Haidar, 2009. "The mark-to-market valuation and executive pay package regulations within the 2009 US (Bailout) Emergency Economic Stabilization Act," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 12(3), pages 189-199.
- Karen H. Johnson, 1983. "Foreign experience with targets for money growth," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Oct, pages 745-754.
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