Guidolin, Massimo; Rinaldi, Francesca - Federal Reserve Bank of St. Louis - 2009
policy makers may be able to "inflate" their way out of a financial crisis. …
the Summer of 2008, a weakening U.S. economy and continued financial turbulence led to a broad loss of
confidence in the U … on-going financial crisis is that established, high-volume financial markets
may simply turn illiquid in the blink of an …