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

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  • Hillinger, Claude

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.

Suggested Citation

  • Hillinger, Claude, 2008. "How to deal with the US financial crisis at no cost to the taxpayer," Discussion Papers in Economics 6929, University of Munich, Department of Economics.
  • Handle: RePEc:lmu:muenec:6929
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    File URL: https://epub.ub.uni-muenchen.de/6929/1/Crisis.pdf
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    References listed on IDEAS

    as
    1. Ausubel Lawrence M & Cramton Peter, 2008. "Auction Design Critical for Rescue Plan," The Economists' Voice, De Gruyter, vol. 5(5), pages 1-3, September.
    2. Leamer Edward E, 2008. "Please Think This Over," The Economists' Voice, De Gruyter, vol. 5(5), pages 1-5, September.
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    Cited by:

    1. Hillinger, Claude, 2010. "The crisis and beyond: Thinking outside the box," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy (IfW), vol. 4, pages 1-61.

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    Keywords

    financial crisis;

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