[PDF.38nz] The Great Recession (Studies in Macroeconomic History)

The Great Recession (Studies in Macroeconomic History)

[PDF.bv49] The Great Recession (Studies in Macroeconomic History)

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 | #682520 in eBooks |  2012-02-24 |  2012-02-24 | File type: PDF

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||10 of 10 people found the following review helpful.| Interesting analysis of the recent recession|By Hal Jordan|Robert Hetzel, who is an economist at the Federal Reserve Bank of Richmond, has written a very interesting account of the 2007-2009 recession -- "The Great Recession." He argues that the Federal Reserve did too little during the beginning of the recession to keep what would have been a moderately severe recession fro| |'Hetzel's book is a detailed, authoritative account of the recent credit turmoil and recession told as part of a narrative monetary history of business cycles dating back to the nineteenth century. The book is an immensely rewarding read for serious students o

Since publication of Hetzel's The Monetary Policy of the Federal Reserve (Cambridge University Press, 2008), the intellectual consensus that had characterized macroeconomics has disappeared. That consensus emphasized efficient markets, rational expectations and the efficacy of the price system in assuring macroeconomic stability. The 2008-2009 recession not only destroyed the professional consensus about the kinds of models required to understand cyclical fluctuations bu...

You can specify the type of files you want, for your gadget.The Great Recession (Studies in Macroeconomic History)   |  Robert L. Hetzel. A good, fresh read, highly recommended.

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