The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong
AbstractThis paper is an empirical investigation of the role of government actions and interventions in the financial crisis that flared up in August 2007. It integrates and summarizes several ongoing empirical research projects with the aim of learning from past policy. The evidence is presented in a series of charts which are backed up by statistical analysis in these research projects.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 14631.
Date of creation: Jan 2009
Date of revision:
Publication status: published as Critical Review: A Journal of Politics and Society Volume 21, Issue 2-3, 2009 Special Issue: Causes of the Financial Crisis
Note: EFG IFM ME
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Find related papers by JEL classification:
- E0 - Macroeconomics and Monetary Economics - - General
- G01 - Financial Economics - - General - - - Financial Crises
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-01-17 (All new papers)
- NEP-FDG-2009-01-17 (Financial Development & Growth)
- NEP-FMK-2009-01-17 (Financial Markets)
- NEP-MAC-2009-01-17 (Macroeconomics)
- NEP-MON-2009-01-17 (Monetary Economics)
- NEP-URE-2009-01-17 (Urban & Real Estate Economics)
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