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Record Nr. |
UNINA9910815519203321 |
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Autore |
Taylor John B |
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Titolo |
Getting off track : how government actions and interventions caused, prolonged, and worsened the financial crisis / / by John B. Taylor |
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Pubbl/distr/stampa |
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Stanford, Calif., : Hoover Institution Press, c2009 |
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ISBN |
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0-8179-4973-9 |
0-8179-4978-X |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (105 p.) |
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Collana |
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Hoover Institution Press publication ; ; no. 570 |
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Disciplina |
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Soggetti |
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Financial crises |
Global Financial Crisis, 2008-2009 - Government policy - United States |
Financial crises - United States |
Monetary policy |
Mortgages - Government policy |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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Front Cover; Book Title; Copyright; Contents; List of Figures; Preface; 1. What Caused the Financial Crisis; 2. What Prolonged the Crisis; 3. Why the Crisis Worsened Dramatically a Year after it Began; 4. What Went Right in the Two Decades before the Crisis; 5. Why a Black Swan Landed in the Money Market in August 2007; Epilogue; Frequently Asked Questions; References; Acknowledgments; About the Author; Index |
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Sommario/riassunto |
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In this concise volume, leading economist John B. Taylor offers empirical research to explain what caused the current financial crisis, what prolonged it, and what dramatically worsened it more than a year after it began. The evidence he presents strongly suggests that specific government actions and interventions are largely to blame and that any future government interventions must be based on a clearly stated diagnosis of the problem and a rationale for the interventions. |
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