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Did Bernanke’s ‘Creditism’ Aggravate the Financial Crisis of 2008?

In: Macroeconomic Theory and its Failings

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  • Tim Congdon

Abstract

This innovative book focuses on the current global financial crisis and the inadequacies of the economic theories being used to guide policy. In so doing, it tackles the economic theories that have been used firstly to understand its causes and thereafter to contain the damage it has brought.

Suggested Citation

  • Tim Congdon, 2010. "Did Bernanke’s ‘Creditism’ Aggravate the Financial Crisis of 2008?," Chapters, in: Steven Kates (ed.), Macroeconomic Theory and its Failings, chapter 2, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13728_2
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    References listed on IDEAS

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    1. Ben S. Bernanke & Mark Gertler, 1995. "Inside the Black Box: The Credit Channel of Monetary Policy Transmission," Journal of Economic Perspectives, American Economic Association, vol. 9(4), pages 27-48, Fall.
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