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A Comparative Analysis of FED and ECB Reactions to the Global Financial Crisis

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  • Bonta (Mitea) Liana-Antonela

    (“Babes-Bolyai†University of Cluj-Napoca)

Abstract

This paper will emphasize the evolution of the most important financial indicators of the Eurozone and USA, during 2008-2018. The purpose of this paper is to analyze the actions taken byFederal Reserve and European Central Bank in order to diminish the negative effects and tocounteract the 2007-2008 crisis.

Suggested Citation

  • Bonta (Mitea) Liana-Antonela, 2018. "A Comparative Analysis of FED and ECB Reactions to the Global Financial Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 7-11, July.
    • Handle: RePEc:ovi:oviste:v:xviii:y:2018:i:1:p:7-11
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    References listed on IDEAS

    as
    1. Oganesyan, Gayane, 2013. "The changed role of the lender of last resort: Crisis responses of the Federal Reserve, European Central Bank and Bank of England," IPE Working Papers 19/2013, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    2. Hetzel,Robert L., 2012. "The Great Recession," Cambridge Books, Cambridge University Press, number 9781107011885, November.
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    More about this item

    Keywords

    FED; ECB; financial indicators; global financial crisis;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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