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

32 Pages Posted: 12 Feb 2009 Last revised: 29 Sep 2009

See all articles by John B. Taylor

John B. Taylor

Stanford University; National Bureau of Economic Research (NBER)

Multiple version iconThere are 2 versions of this paper

Date Written: January 1, 2009

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 Classification: E0, G01

Suggested Citation

Taylor, John B., The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong (January 1, 2009). Rock Center for Corporate Governance Working Paper No. 30; NBER Working Paper No. w14631 . Available at SSRN: https://ssrn.com/abstract=1341170 or http://dx.doi.org/10.2139/ssrn.1341170

John B. Taylor (Contact Author)

Stanford University ( email )

Stanford, CA 94305
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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