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Government Actions and Interventions

There is empirical evidence that government actions and interventions prolonged and worsened the financial crisis, because they were based on faulty diagnosis of the problem and did not follow clear predictable principles.

Bibliographic Details
Main Author: Taylor, John B.
Published: World Bank 2012
Subjects:
bank liquidity
bankruptcy
central bank
central banks
federal reserve
financial crisis
flow of credit
interest rate
interest rate expectations
interest rates
liquidity
liquidity problem
market interest rates
maturity
monetary policy
money market
money markets
repos
swap
Online Access:http://hdl.handle.net/10986/4608

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