The Great Recession: Lessons for Central Bankers

by Frank Smets, Harun Alp, Selim Elekdag, et al.

Book Overview

Experts assess the role of central banks in responding to the recent financial crisis and in preventing future crises.

The recent financial crisis shook not only the global economy but also conventional wisdom about economic policy. After the collapse of Lehman Brothers in September 2008, policy makers reversed course and acted on an unprecedented scale. The policy response was remarkable both for its magnitude and for the variety...

• Format: Paperback
• Language: English
• ISBN: 0262526735
• ISBN13: 9780262526739
• Release Date: January 2014
• Publisher: MIT Press
• Length: 380 Pages
• Weight: 1.07 lbs.
• Dimensions: 0.7" x 5.8" x 8.8"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher