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The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong

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John B. Taylor

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Abstract

This 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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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 14631.

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Date of creation: Jan 2009
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Handle: RePEc:nbr:nberwo:14631

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Find related papers by JEL classification:
E0 - Macroeconomics and Monetary Economics - - General
G01 - Financial Economics - - General - - - Financial Crises

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  1. Argandoña, Antonio, 2009. "Can corporate social responsibility help us understand the credit crisis?," IESE Research Papers D/790, IESE Business School. [Downloadable!]
  2. Rakesh Mohan, 2009. "Emerging Contours of Financial Regulation: Challenges and Dynamics," Working Papers id:2107, esocialsciences.com. [Downloadable!]
  3. Landais, Bernard, 2009. "La politique monétaire et la crise
    [Monetary Policy and The Crisis]
    ," MPRA Paper 15652, University Library of Munich, Germany. [Downloadable!]
  4. Çelik, Sadullah & Deniz, Pınar, 2009. "Does Fed Funds Target Interest Rate Lead Bank of England’s Bank Rate and European Central Bank’s Key Interest Rate?," MPRA Paper 14750, University Library of Munich, Germany. [Downloadable!]
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This page was last updated on 2009-11-25.


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