The First Great Financial Crisis of the 21st Century:A Retrospective

Edited by James Barth and George G Kaufman

in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.

Abstract: Although there have been numerous studies of the causes and consequences of the Great Financial Crisis of 2007–2010 in the US and abroad, many of these were undertaken only for a small number of countries and before the financial and economic effects were fully realized and before various governmental policy responses were decided upon and actually implemented. This book aims to fill these voids by providing a more thorough assessment now that the worst events and the regulatory reforms are sufficiently behind us and much more information about these developments is available. It reviews and analyzes the causes and consequences of and the regulatory responses to the Great Financial Crisis, particularly from a public policy viewpoint. In the process, it explores such intriguing questions as: What caused the crisis? How did the crisis differ across countries? What is the outlook for another crisis, and when? This is a must read for those who are trying to find answers to these questions.

Keywords: Financial Economics; Banks; Depository Institutions; Micro Finance Institutions; Mortgages; Macroeconomics; Monetary Economics; Dodd-Frank; Financial Crisis; Financial Regulations; Regulatory Framework; Bankers; Systemic Risk; Recession (search for similar items in EconPapers)
Date: 2015
ISBN: 9789814651240
References: Add references at CitEc
Citations: View citations in EconPapers (3)

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https://www.worldscientific.com/worldscibooks/10.1142/9469 (text/html)
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Chapters in this book:

Ch 1 The Great Financial Crisis of 2007–2010: The Sinners and their Sins , pp 1-32

G.G. Kaufman

Ch 2 The Costs of the 2007–2009 Financial Crisis , pp 33-46

H. Rosenblum

Ch 3 The US Financial Crisis and the Great Recession: Counting the Costs , pp 47-73

Gillian G.H. Garcia

Ch 4 US Housing Policy and the Financial Crisis , pp 75-100

Peter J. Wallison

Ch 5 Playing for Time: The Fed's Attempt to Manage the Crisis as a Liquidity Problem , pp 101-144

Robert Eisenbeis and R.J. Herring

Ch 6 Japan's Financial Regulatory Responses to the Global Financial Crisis , pp 145-166

K. Harada, Takeo Hoshi, Masami Imai, S. Koibuchi and A. Yasuda

Ch 7 Regulatory Response to the Financial Crisis in Europe: Recent Developments (2010–2013) , pp 167-218

S. Carbó-Valverde, H.A. Benink, T. Berglund and Clas Wihlborg

Ch 8 Regulatory Change in Australia and New Zealand Following the Global Financial Crisis , pp 219-248

Christine Brown, K.T. Davis and David Mayes

Ch 9 The Dodd-Frank Act: Systemic Risk, Enhanced Prudential Regulation, and Orderly Liquidation , pp 249-266

G.G. Kaufman and R.W. Nelson

Ch 10 The Trade Execution and Central Clearing Requirements of Dodd-Frank Title VII — Transparency, Risk Management, and Financial Stability , pp 267-282

Robert Steigerwald

Ch 11 A Primer on Dodd-Frank's Title VIII , pp 283-298

C. Baker

Ch 12 Macroliquidity: Selected Topics Related to Title XI of the Dodd-Frank Act of 2010 , pp 299-336

W.F. Todd

Ch 13 The Dodd-Frank Act: Key Features, Implementation Progress, and, Financial System Impact , pp 337-376

J.R. Barth, A. Penny Prabha and Clas Wihlborg

Ch 14 Hair of the Dog that Bit Us: The Insufficiency of New and Improved Capital Requirements , pp 377-397

Edward Kane

Ch 15 Misdiagnosis: Incomplete Cures of Financial Regulatory Failures , pp 399-431

J.R. Barth, Gerard Caprio and Ross Levine

Ch 16 Path-Dependent Monetary Policy in the Post-Financial Crisis Era of Dodd-Frank , pp 433-459

H. Rosenblum

Ch 17 Bank Crisis Resolution and the Insufficiency of Fiscal Backstops: The Case of Spain , pp 461-487

S. Carbó-Valverde and M.J. Nieto

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