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The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong

John Taylor

No 14631, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper is an empirical investigation of the role of government actions and interventions in the financial crisis that flared up in August 2007. It integrates and summarizes several ongoing empirical research projects with the aim of learning from past policy. The evidence is presented in a series of charts which are backed up by statistical analysis in these research projects.

JEL-codes: E0 G01 (search for similar items in EconPapers)
Date: 2009-01
New Economics Papers: this item is included in nep-fdg, nep-fmk, nep-mac, nep-mon and nep-ure
Note: EFG IFM ME
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Citations: View citations in EconPapers (529)

Published as Critical Review: A Journal of Politics and Society Volume 21, Issue 2-3, 2009 Special Issue: Causes of the Financial Crisis

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