, Journal Of Financial Intermediation, 22 (1), 4-29.Jagannathan, Ravi; Kapoor, Mudit; Schaumburg, Ernst, 2013; Causes of the great recession of 2007-2009: The financial crisis was the symptom not the disease!, Journal of Financial Intermediation, 22, 4-29...
The Financial Crisis of 2007–2009 and the Great Recession This chapter expands upon the topics covered in the previous chapters and covers some new ground. The chapter starts with the impact of monetary policy on the economy. It presents an overview of the financial crisis that started in 2007...
The possible nexus between economic crises and what Marx and Hilferding referred to as “centralisation” of capital is one of the themes raised by the “great recession”. The article reviews the main studies devoted to such a nexus, comparing the Marxist and mainstream economic literature. A...
TheGreat Depressionlasted from 1929 to 1939 and was the worst economic depression in the history of the United States. Economists and historians point to the stock market crash of October 24, 1929, as the start of the downturn. But the truth is that many things caused the Great Depression, ...
America's flawed paradigm: macroeconomic causes of the financial crisis and great recession This paper traces the roots of the financial crisis and Great Recession to a flawed U.S. macroeconomic paradigm that was adopted around 1980 with the trium... Thomas,Palley - 《Empirica》 被引量: 159...
This was the cause of the Great Recession of 2007. 4] Economic Scandals and Frauds: Sometimes banks, large corporations, and even government institutions employ questionable practices and illegal activities to boost profitability. When such schemes and scandals are exposed, the entire economy suffers....
Current account imbalances in the monetary union and the great recession: Causes and policies 来自 EconPapers 喜欢 0 阅读量: 46 作者:J Uxã³,J Paãºl,E Febrero 摘要: Current account imbalances within the eurozone are at the roots of its economic crisis. We argue that, though ...
length of a recessionary period from 1854 to 1919 was 21.6 months. The US has gone through three recessions in the last 30 years – The Great Recession (December 2007 to June 2009). The Dot Com Recession (March 2001 to November 2001): and The Gulf War Recession (July 1990 to March ...
Great Recession, economic recession that was precipitated in the United States by the financial crisis of 2007–08 and quickly spread to other countries. Beginning in late 2007 and lasting until mid-2009, it was the longest and deepest economic downturn in many countries, including the United Sta...
Since the Great Depression, governments around the world have adopted fiscal and monetary policies to prevent a run-of-the-mill recession from becoming far worse.45 Some of these stabilizing factors are automatic, such as unemployment insurance that puts money into the pockets of employees who ...