The financial crisis and Federal Reserve policy
By: Lloyd B. Thomas
Edition: 1st ed.
Publisher: Palgrave Macmillan
Published: 2011
Place of publication: New York, NY
Language: eng
Number of pages: 262
ISBN-13: 9780230108462
Subjects: Monetary policy; Global Financial Crisis, 2008-2009; Financial crises; Board of Governors of the Federal Reserve System (U.S.)
Description: This new book will provide an extensive analysis of the role of the Federal Reserve in contributing to the crisis through its low interest-rate policy during 2002-2006, and in dealing with the crisis under Bernanke with his aggressive and innovative policies implemented in the wake of the Lehman collapse in September 2008.
Notes: Includes bibliographical references (p. [251]-253) and index.
Table of contents: title: Financial crises: an overview; title: The nature of banking crises; title: The panic of 1907 and the savings and loan crisis; title: Development of the housing and credit bubbles; title: Bursting of the twin bubbles; title: The great crisis and the great recession of 2007-2009; title: The framework of Federal Reserve monetary control; title: Federal Reserve policy in the great depression; title: The Federal Reserve's response to the great crisis; title: The Federal Reserve's exit strategy and the threat of inflation; title: The Taylor rule and evaluation of U.S. monetary policy; title: Regulatory reform proposals.