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Analyses the financial crisis of 2008, from its causes and effects on the US economy to the way ahead. The contributors consider post-crisis regulatory policy reforms and emerging financial and economic trends, including the roles played by highly accommodative monetary policy, securitization run amok, government-sponsored enterprises, large asset bubbles, and excessive leverage, among other potential causes.

Produktbeschreibung
Analyses the financial crisis of 2008, from its causes and effects on the US economy to the way ahead. The contributors consider post-crisis regulatory policy reforms and emerging financial and economic trends, including the roles played by highly accommodative monetary policy, securitization run amok, government-sponsored enterprises, large asset bubbles, and excessive leverage, among other potential causes.
Autorenporträt
Martin Neil Baily is the Bernard L. Schwartz Chair in Economic Policy Development and senior fellow and director of the business and public policy initiative at the Brookings Institution. He lives in Washington, DC. John B. Taylor is the George P. Shultz Senior Fellow in Economics at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University. He lives in Stanford, California.