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Managing the expanded safety net

Author

Listed:
  • Ron J. Feldman
  • Gary H. Stern

Abstract

In this essay, we first briefly explain why the government?s response to the 2007?08 financial turmoil, although justified, expanded the safety net and exacerbated the existing too big to fail problem.

Suggested Citation

  • Ron J. Feldman & Gary H. Stern, 2008. "Managing the expanded safety net," The Region, Federal Reserve Bank of Minneapolis, vol. 22(May), pages 4-11.
    • Handle: RePEc:fip:fedmrr:y:2008:i:may:p:4-11:n:v.22no.1
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    File URL: http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=3471
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    Cited by:

    1. Clyde Goodlet, 2010. "Too Big to Fail: A Misguided Policy in Times of Financial Turmoil," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 311, October.

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