The Role Of The Monetary Policy For The Origin Of The Financial Crisis Of 2007-2009 In The USA

Veniamin Todorov ()
Additional contact information
Veniamin Todorov: Varna University of Economics

Business & Management Compass, 2012, issue 2, 121-133

Abstract: In the article there is applied the information theory of financial stability in order to elucidate the role of monetary policy for the origin of the financial crisis of 2007-2009 in the USA. There are traced the factors for the disturbance in the financial stability and is analysed their connection with the policy of the Federal Reserve. At the end of the study there are formulated specific conclusions concerning the pur suance of monetary policy under conditions of information asymmetry in view of maintaining the financial stability.

JEL-codes: E52 (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://journal.ue-varna.bg/uploads/20140726100254_147030338053d37cce80d20.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrn:journl:y:2012:i:2:p:121-133

Access Statistics for this article

Business & Management Compass is currently edited by Julian Vasilev

More articles in Business & Management Compass from University of Economics Varna Contact information at EDIRC.
Bibliographic data for series maintained by Yana Doneva ().