IDEAS home Printed from https://ideas.repec.org/a/cvv/journ1/v2y2015i2p331-335.html
   My bibliography  Save this article

Between Theory and Pragmatism

Author

Listed:
  • Bodo HERZOG

    (ESB Business School, GERMANY.)

Abstract

This paper is a review about the book Stress Test: Reflections on Financial Crises by Timothy Geithner. The book mainly discusses the policy decisions and implications of T. Geithner during his job as New York FED president and US-Treasury secretary under president Obama. The book reveals some hidden information about the decision-making process in both institutions. But it lacks a scientific foundation in order to explain the financial crisis in more detail. Hence, I think the book is less convincing than recognized in public. No doubt, Geithner crisis response deserves appreciation especially the Stress Test . However, the overall book does not demonstrate that the response is sustainable in the long run and scientifically sound. Consequently, it is more a book on public policy and governance than economics.

Suggested Citation

Handle: RePEc:cvv:journ1:v:2:y:2015:i:2:p:331-335
as

Download full text from publisher

File URL: http://journals.econsciences.com/index.php/JEPE/article/download/217/392
Download Restriction: no
File URL: http://journals.econsciences.com/index.php/JEPE/article/view/217
Download Restriction: no
---><---

More about this item

Keywords

;
;
;

JEL classification:

  • A30 - General Economics and Teaching - - Multisubject Collective Works - - - General
  • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
  • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
  • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
  • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
  • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

Statistics

Access and download statistics

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cvv:journ1:v:2:y:2015:i:2:p:331-335. See general information about how to correct material in RePEc.

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

We have no bibliographic references for this item. You can help adding them by using this form .

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bilal KARGI (email available below). General contact details of provider: https://journals.econsciences.com/index.php/JEPE .

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.