33 Pages Posted: 19 Dec 2011 Last revised: 11 Jan 2012
Date Written: January 11, 2012
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.
Keywords: Financial Crisis
JEL Classification: E00, F00
Suggested Citation: Suggested Citation
Gorton, Gary B. and Metrick, Andrew, Getting up to Speed on the Financial Crisis: A One-Weekend-Reader's Guide (January 11, 2012). Available at SSRN: https://ssrn.com/abstract=1974662 or http://dx.doi.org/10.2139/ssrn.1974662
By Russ Wermers