Then and now: Fed policy actions during the great depression and great recession

David A. Lopez

Liber8 Economic Information Newsletter, 2011, issue November

Abstract: Although the recent Great Recession was severe, its financial impact never paralleled that of the Great Depression. The November Newsletter compares these two economic downturns and shows how lessons learned in the Great Depression helped current Federal Reserve policymakers stabilize the economy during the recent economic crisis.

Keywords: Recessions; Monetary policy - United States; Depressions (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlli:y:2011:i:november

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