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Thoughts about the Subprime Crisis

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  • Barry Eichengreen

Abstract

This paper provides reflects on various aspects of the subprime crisis. It asks why events originating in such a small corner of U.S. financial markets could exercise such dramatic effects. It explores what to do now - both in the short run, when the markets and the macroeconomy require stabilization, and in the longer run, when there will be a need for regulatory reform.

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  • Barry Eichengreen, 2008. "Thoughts about the Subprime Crisis," Economia politica, Società editrice il Mulino, issue 2, pages 265-282.
    • Handle: RePEc:mul:jb33yl:doi:10.1428/27394:y:2008:i:2:p:265-282
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    Cited by:

    1. Paolo Pini, 2013. "What Europe Needs to Be European," Economia politica, Società editrice il Mulino, issue 1, pages 3-12.

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