IDEAS home Printed from
   My bibliography  Save this article

The 2007 crisis and countercyclical policy


  • Joan O'Connell


Purpose - The purpose of the paper is to outline the global financial and economic crisis that began in 2007, together with the macroeconomic policy changes that were put in place as a result. Design/methodology/approach - The content is partly descriptive and partly analytical. Findings - The paper sets out the history of the financial and economic crisis to date. Originality/value - This is determined by the subject matter, and consists mainly in the manner in which the material is presented.

Suggested Citation

  • Joan O'Connell, 2010. "The 2007 crisis and countercyclical policy," Studies in Economics and Finance, Emerald Group Publishing, vol. 27(2), pages 148-160, June.
  • Handle: RePEc:eme:sefpps:v:27:y:2010:i:2:p:148-160

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    1. Stephen G. Cecchetti, 2009. "Crisis and Responses: The Federal Reserve in the Early Stages of the Financial Crisis," Journal of Economic Perspectives, American Economic Association, vol. 23(1), pages 51-75, Winter.
    2. Barro Robert J, 2009. "Demand Side Voodoo Economics," The Economists' Voice, De Gruyter, vol. 6(2), pages 1-4, February.
    3. Michael V. White & Kurt Schuler, 2009. "Retrospectives: Who Said "Debauch the Currency": Keynes or Lenin?," Journal of Economic Perspectives, American Economic Association, vol. 23(2), pages 213-222, Spring.
    Full references (including those not matched with items on IDEAS)


    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:eme:sefpps:v:27:y:2010:i:2:p:148-160. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Virginia Chapman). General contact details of provider: .

    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.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.