LEADER 03865nam 22008055 450 001 9910337672203321 005 20230810164358.0 010 $a9783030144890 010 $a3030144895 024 7 $a10.1007/978-3-030-14489-0 035 $a(OCoLC)1235813079 035 $a(MiFhGG)GVRL59U7 035 $a(CKB)4100000007823624 035 $a(MiAaPQ)EBC5744657 035 $a(MiFhGG)9783030144890 035 $a(DE-He213)978-3-030-14489-0 035 $a(Perlego)3490825 035 $a(EXLCZ)994100000007823624 100 $a20190402d2019 u| 0 101 0 $aeng 135 $aurun|---uuuua 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 14$aThe US Financial System and its Crises $eFrom the 1907 Panic to the 2007 Crash /$fby Giorgio Pizzutto 205 $a1st ed. 2019. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2019. 215 $a1 online resource (x, 219 pages) $cillustrations (chiefly color), charts 225 1 $aPalgrave Studies in Economic History,$x2662-6500 311 08$a9783030144883 311 08$a3030144887 320 $aIncludes bibliographical references and index. 327 $aChapter 1: Introduction -- Chapter 2: The US financial system from the National Banking Act to the crisis of 2007 -- Chapter 3: The birth of the Federal reserve and its monetary policy -- Chapter 4: Non bank financial intermediaries and the crisis of 1929 -- Chapter 5: The Great Depression -- Chapter 6: The money market after the second world war: securitization and the role of dealers -- Chapter 7: Monetary policy, spread compression and the house market -- Chapter 8: The money market, the collateral market and the crisis of 2007-08 -- Chapter 9 Conclusions. 330 $aLooking at the precedents set by the panic of 1907 and the Great Depression in America, this book investigates the causes of the 2007-2008 financial crisis. Pizzutto examines the effects of monetary policy, as well as of expanding and contracting financial cycles, in order to analyze the breakdown of the money market and capital market circuits. Not only exploring the impact of the Federal Reserve and central banking on monetary policy, he also analyzes the role of non-bank financial intermediaries. How can monetary policy resolve the instability of the US financial system? How can financial intermediation work effectively? This timely book highlights how historical lessons can be used to avoid the next financial crisis. . 410 0$aPalgrave Studies in Economic History,$x2662-6500 606 $aEconomic history 606 $aFinance 606 $aHistory 606 $aFinancial services industry 606 $aNorth America$xEconomic conditions 606 $aMacroeconomics 606 $aEconomic policy 606 $aEconomic History 606 $aFinancial History 606 $aFinancial Services 606 $aNorth American Economics 606 $aMacroeconomics and Monetary Economics 606 $aEconomic Policy 615 0$aEconomic history. 615 0$aFinance. 615 0$aHistory. 615 0$aFinancial services industry. 615 0$aNorth America$xEconomic conditions. 615 0$aMacroeconomics. 615 0$aEconomic policy. 615 14$aEconomic History. 615 24$aFinancial History. 615 24$aFinancial Services. 615 24$aNorth American Economics. 615 24$aMacroeconomics and Monetary Economics. 615 24$aEconomic Policy. 676 $a332.0973 676 $a338.5420973 700 $aPizzutto$b Giorgio$4aut$4http://id.loc.gov/vocabulary/relators/aut$0122242 801 0$bMiFhGG 801 1$bMiFhGG 906 $aBOOK 912 $a9910337672203321 996 $aThe US Financial System and its Crises$91951185 997 $aUNINA