Coverart for item
The Resource Getting off track : how government actions and interventions caused, prolonged, and worsened the financial crisis, by John B. Taylor

Getting off track : how government actions and interventions caused, prolonged, and worsened the financial crisis, by John B. Taylor

Label
Getting off track : how government actions and interventions caused, prolonged, and worsened the financial crisis
Title
Getting off track
Title remainder
how government actions and interventions caused, prolonged, and worsened the financial crisis
Statement of responsibility
by John B. Taylor
Creator
Contributor
Subject
Genre
Language
eng
Summary
Throughout history, financial crises have always been caused by excesses--frequently monetary excesses--which lead to a boom and an inevitable bust. In our current crisis it was a housing boom and bust that in turn led to financial turmoil in the United States and other countries. How did everything deteriorate so suddenly and dramatically? In Getting Off Track: How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis, Hoover fellow and Stanford economist John B. Taylor offers empirical research to explain what caused the current financial crisis, what prolonged it, and what worsened it dramatically more than a year after it began. The author tells how unusually easy monetary policy helped set the crisis in motion, as interest rates at the Federal Reserve and several other central banks deviated from historical regularities. He explains monetary interaction with the subprime mortgage problem, showing how the use of these mortgages, especially the adjustable-rate variety, led to excessive risk taking. In the United States this was encouraged by government programs designed to promote home ownership, a worthwhile goal but overdone in retrospect. Looking ahead, the author suggests a set of principles to follow to prevent misguided actions and interventions in the future. -- Book Description
Member of
Action
digitized
Cataloging source
N$T
http://library.link/vocab/creatorName
Taylor, John B
Dewey number
330.973
Illustrations
illustrations
Index
index present
LC call number
HB3722
LC item number
.T39 2009eb
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
Hoover Institution Press
Series statement
Hoover Institution Press publication
Series volume
no. 570
http://library.link/vocab/subjectName
  • Financial crises
  • Global Financial Crisis, 2008-2009
  • Financial crises
  • Monetary policy
  • Mortgages
  • Global Financial Crisis (2008-2009)
  • Umschulungswerkstätten für Siedler und Auswanderer
  • BUSINESS & ECONOMICS
  • BUSINESS & ECONOMICS
  • BUSINESS & ECONOMICS
  • POLITICAL SCIENCE
  • POLITICAL SCIENCE
  • Financial crises
  • Government policy
  • Monetary policy
  • Mortgages
  • United States
  • Kredietcrisis (2008- )
  • Monetaire politiek
  • Verenigde Staten
  • Finanzkrise
  • Geldpolitik
  • Hypothekarkredit
  • Politische Steuerung
  • Regulierung
Label
Getting off track : how government actions and interventions caused, prolonged, and worsened the financial crisis, by John B. Taylor
Instantiates
Publication
Antecedent source
unknown
Bibliography note
Includes bibliographical references (pages 77-79) and index
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • What caused the financial crisis
  • What prolonged the crisis
  • Why the crisis worsened dramatically a year after it began
  • What went right in the two decades before the crisis
  • Why a black swan landed in the money market in August 2007
Control code
831680031
Dimensions
unknown
Extent
1 online resource (xii, 92 pages)
File format
unknown
Form of item
online
Isbn
9780817949730
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
color illustrations.
http://library.link/vocab/ext/overdrive/overdriveId
e8545908-40b6-4f6b-af34-cb48815420cc
Quality assurance targets
not applicable
Reformatting quality
unknown
Reproduction note
Electronic reproduction.
Sound
unknown sound
Specific material designation
remote
System control number
(OCoLC)831680031
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Label
Getting off track : how government actions and interventions caused, prolonged, and worsened the financial crisis, by John B. Taylor
Publication
Antecedent source
unknown
Bibliography note
Includes bibliographical references (pages 77-79) and index
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • What caused the financial crisis
  • What prolonged the crisis
  • Why the crisis worsened dramatically a year after it began
  • What went right in the two decades before the crisis
  • Why a black swan landed in the money market in August 2007
Control code
831680031
Dimensions
unknown
Extent
1 online resource (xii, 92 pages)
File format
unknown
Form of item
online
Isbn
9780817949730
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
color illustrations.
http://library.link/vocab/ext/overdrive/overdriveId
e8545908-40b6-4f6b-af34-cb48815420cc
Quality assurance targets
not applicable
Reformatting quality
unknown
Reproduction note
Electronic reproduction.
Sound
unknown sound
Specific material designation
remote
System control number
(OCoLC)831680031
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

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