Posted

January 06, 2015 02:24:48 AM

Date

2013-12

Author

Michael D. Bordo

Affiliation

Bank for International Settlements

Title

The Federal Reserve's Role: Actions Before, During, and After the 2008 Panic in the Historical Context of the Great Contraction

Summary /
Abstract

This paper examines the Federal Reserve's actions before, during and after the 2008 financial crisis. It looks to the Great Contraction of 1929-1933 for historical context of the Federal Reserve’s actions.

Keywords

Monetary policy, 2008 panic, historical context

URL

http://www.hoover.org/sites/default/files/13111_-_bordo_-_the_federal_reserves_role_-_actions_before_during_and_after_the_2008_panic_in_the_historical_context_of_the_great_contraction.pdf

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