Government Actions and Interventions : More harm than good?

There is empirical evidence that government actions and interventions prolonged and worsened the financial crisis, because they were based on faulty diagnosis of the problem and did not follow clear predictable principles.

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Year of publication:	2009
Authors:	Taylor, John B.
Published in:	Development Outreach. - World Bank, ISSN 1020-797X, ZDB-ID 2073983-7. - Vol. 11.2009, 3, p. 50-53
Publisher:	World Bank
Subject:	BANK LIQUIDITY \| BANKRUPTCY \| CENTRAL BANK \| CENTRAL BANKS \| FEDERAL RESERVE \| FINANCIAL CRISIS \| FLOW OF CREDIT \| INTEREST RATE \| INTEREST RATE EXPECTATIONS \| INTEREST RATES \| LIQUIDITY \| LIQUIDITY PROBLEM \| MARKET INTEREST RATES \| MATURITY \| MONETARY POLICY \| MONEY MARKET \| MONEY MARKETS \| REPOS \| SWAP

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Type of publication:	Article
Type of publication (narrower categories):	research-article
Language:	English
Other identifiers:	10.1596/1020-797X_11_3_50 [DOI]
Source:	Other ZBW resources

Persistent link: https://www.econbiz.de/10015360096