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Unprecedented Actions: The Federal Reserve’s Response to the Global Financial Crisis in Historical Perspective

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NBER2014-12-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w20737
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资源简介:
Interventions by the Federal Reserve during the financial crisis of 2007-2009 were generally viewed as unprecedented and in violation of the rulesnotably Bagehots rulethat a central bank should follow to avoid the time-inconsistency problem and moral hazard. Reviewing the evidence for central banks
提供机构:
美国国家经济研究局
创建时间:
2014-12-01
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