LEADER 03990nam 2200709 a 450 001 9910786007603321 005 20191030193401.0 010 $a1-299-05150-2 010 $a1-4008-4716-8 024 7 $a10.1515/9781400847167 035 $a(CKB)2670000000330409 035 $a(EBL)1108131 035 $a(OCoLC)826660102 035 $a(SSID)ssj0000819772 035 $a(PQKBManifestationID)11463169 035 $a(PQKBTitleCode)TC0000819772 035 $a(PQKBWorkID)10845325 035 $a(PQKB)10452938 035 $a(MdBmJHUP)muse43355 035 $a(DE-B1597)453925 035 $a(OCoLC)979686149 035 $a(DE-B1597)9781400847167 035 $a(Au-PeEL)EBL1108131 035 $a(CaPaEBR)ebr10648943 035 $a(CaONFJC)MIL436400 035 $z(PPN)201963965 035 $a(PPN)187961549 035 $a(MiAaPQ)EBC1108131 035 $a(EXLCZ)992670000000330409 100 $a20121025d2013 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe Federal Reserve and the financial crisis$b[electronic resource] /$flectures by Ben S. Bernanke 205 $aCourse Book 210 $aPrinceton $cPrinceton University Press$d2013 215 $a1 online resource (145 p.) 300 $aIncludes index. 311 $a0-691-16557-2 311 $a0-691-15873-8 327 $aLecture 1: origins and mission of the Federal Reserve -- Lecture 2: the Federal Reserve after World War II -- Lecture 3: the Federal Reserve's response to the financial crisis -- Lecture 4: the aftermath of the crisis. 330 $aIn 2012, Ben Bernanke, chairman of the U.S. Federal Reserve, gave a series of lectures about the Federal Reserve and the 2008 financial crisis, as part of a course at George Washington University on the role of the Federal Reserve in the economy. In this unusual event, Bernanke revealed important background and insights into the central bank's crucial actions during the worst financial crisis since the Great Depression. Taken directly from these historic talks, The Federal Reserve and the Financial Crisis offers insight into the guiding principles behind the Fed's activities and the lessons to be learned from its handling of recent economic challenges. Bernanke traces the origins of the Federal Reserve, from its inception in 1914 through the Second World War, and he looks at the Fed post-1945, when it began operating independently from other governmental departments such as the Treasury. During this time the Fed grappled with episodes of high inflation, finally tamed by then-chairman Paul Volcker. Bernanke also explores the period under his predecessor, Alan Greenspan, known as the Great Moderation. Bernanke then delves into the Fed's reaction to the recent financial crisis, focusing on the central bank's role as the lender of last resort and discussing efforts that injected liquidity into the banking system. Bernanke points out that monetary policies alone cannot revive the economy, and he describes ongoing structural and regulatory problems that need to be addressed. Providing first-hand knowledge of how problems in the financial system were handled, The Federal Reserve and the Financial Crisis will long be studied by those interested in this critical moment in history. 606 $aFederal Reserve banks 606 $aGlobal Financial Crisis, 2008-2009 606 $aFinancial crises$zUnited States 606 $aMonetary policy$zUnited States 607 $aUnited States$xEconomic policy$y2009- 615 0$aFederal Reserve banks. 615 0$aGlobal Financial Crisis, 2008-2009. 615 0$aFinancial crises 615 0$aMonetary policy 676 $a330.973/0931 700 $aBernanke$b Ben$0765161 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910786007603321 996 $aFederal Reserve and the financial crisis$91554948 997 $aUNINA