Getting Up to Speed on the Financial Crisis:A One-Weekend-Reader s Guide

摘要

All economists should be conversant with "what happened?" during the financial crisis of 2007-09. We select and summarize sixteen documents, including academic papers and reports from regulatory and international agencies. This reading list covers the key facts and mechanisms in the build-up of risk, the panics in short-term-debt markets, the policy reactions, and the real effects ofthefinancial crisis.