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The Bursting of the Bubble

Brendan Brown

Chapter 3 in Euro Crash, 2012, pp 95-136 from Palgrave Macmillan

Abstract: Abstract The monetary policies on both sides of the Atlantic leading up to the global credit bubble (2003–7) and accompanying its burst (spring 2007 onwards) may not have fully satisfied the definition of catastrophic. But how far short they were of that benchmark and the definition itself will doubtless long remain a matter of heated historical debate.

Keywords: Monetary Policy; Federal Reserve; European Central Banker; Money Market; Government Bond (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-36919-1_4

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DOI: 10.1057/9780230369191_4

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