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Central banks and crisis management

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Author Info
Joseph Haubrich
James Thomson
O. Emre Ergungor

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Abstract

As 2007 began, historians prepared to reflect on several anniversaries of financial turmoil. It had been 10 years since the East Asian crisis, 20 years since the Black Monday stock market crash, 100 years since the Panic of 1907, and 150 years since the Hamburg financial crisis of 1857. Not many, however, could have predicted that 2007 would write its own chapter in history with the subprime mortgage meltdown.

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File URL: http://www.clevelandfed.org/about_us/annual_report/2007/Essay.pdf
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Publisher Info
Article provided by Federal Reserve Bank of Cleveland in its journal Annual Report.

Volume (Year): (2007)
Issue (Month): ()
Pages: 7-20
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Handle: RePEc:fip:fedcar:y:2007:p:7-20

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Related research
Keywords: Financial crises ; Banks and banking; Central;

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This page was last updated on 2009-12-12.

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