Gary B. Gorton Yale School of Management; National Bureau of Economic Research (NBER)
Andrew Metrick Yale School of Management; National Bureau of Economic Research (NBER)
January 11, 2012
Abstract
All economists should be conversant with “what happened?” during the financial crisis of 2007-2009. We select and summarize 16 documents, including academic papers and reports from regulatory and international agencies. This reading list covers the key facts and mechanisms in the build-up of risk, the panics in short-term-debt markets, the policy reactions, and the real effects of the financial crisis.
I would like to thank the conference organizers for the opportunity to offer a few remarks on the causes of the 2007-09 financial crisis as well as on the Federal Reserve's po...
SYDNEY, May 24, 2012 /PRNewswire/ -- A remarkable 53 per cent growth in its capital expenditure over 2009-2010 gives an indication of the opportunities afforded by the Au...
