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How to deal with the US financial crisis at no cost to the taxpayer

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Author Info
Hillinger, Claude

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Abstract

I discuss briefly the crisis itself and then give some criteria that should be used in evaluating any policy proposed o deal with it. This is followed by a critical discussion of some of the policy measures that have been suggested. Finally, I give a list of proposals, that I believe best satisfy the stated criteria. In contrast to almost all of the proposals that have been made, mine involve no bailout of the financial sector with public funds.

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File URL: http://epub.ub.uni-muenchen.de/6929/1/Crisis.pdf
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Publisher Info
Paper provided by University of Munich, Department of Economics in its series Discussion Papers in Economics with number 6929.

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Date of creation: 28 Oct 2008
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Handle: RePEc:lmu:muenec:6929

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Related research
Keywords: financial crisis;

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