Blundering Back to Balance: TARP and Tear Gas

Daniel Friedman and Daniel McNeill

Chapter 5 in Morals and Markets, 2013, pp 101-119 from Palgrave Macmillan

Abstract: Abstract Western economies crawled for years after 2008. Riots lit up Europe even as a gray miasma settled on household confidence. Citizens began speaking of finance as a predator, and scandals like the rigging of the Libor interest rate kept coming. Once-remote moral issues were now on everyone’s lips.

Keywords: Great Recession; Sovereign Debt; Dynamic Stochastic General Equilibrium; Dynamic Stochastic General Equilibrium Model; Monthly Payment (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-33152-6_6

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DOI: 10.1057/9781137331526_6

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