The crisis
basic mechanisms, and appropriate policies
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Author
Contributions
- Massachusetts Institute of Technology. Dept. of Economics - Contributor
Publication
2009 - Massachusetts Institute of Technology, Dept. of Economics, Cambridge, MA, Massachusetts
Language
English
Word Count
8,250 words, Guess
Page Count
33 pages
Identifiers
- Internet Archivecrisisbasicmecha00blan
- OCLC Control Number671779352
- Open LibraryOL24647187M
Description
The purpose of this lecture is to look beyond the complex events that characterize the global financial and economic crisis, identify the basic mechanisms, and infer the policies needed to resolve the current crisis, as well as the policies needed to reduce the probability of similar events in the future. Keywords: financial crisis, credit, liquidity, spreads, leverage. JEL Classifications: E32, E44.
Subjects
Series Statement
- Working paper series / Massachusetts Institute of Technology, Dept. of Economics -- working paper 09-01
- Working paper (Massachusetts Institute of Technology. Dept. of Economics) -- no. 09-01.
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