The economics of money, banking, and financial markets

xx

 

Contents in Detail

Inside the Fed  Was the Fed to Blame for the Housing Price Bubble?  278

Global  The European Sovereign Debt Crisis  281

Height of the 2007–2009 Financial Crisis .......................................................................... 282

Government Intervention and the Recovery........................................................................ 283

Global  Worldwide Government Bailouts During the 2007–2009 Financial Crisis  283

Response of Financial Regulation ...........................................................................................284

Macroprudential Versus Microprudential Supervision ........................................................ 284

Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ............................. 285

Too-Big-to-Fail and Future Regulation .................................................................................286

What Can Be Done About the Too-Big-to-Fail Problem? ..................................................... 287

Beyond Dodd-Frank: Where Might Regulation Head in the Future? ................................... 287

Summary  289   •   Key Terms  290   •   Questions  290   •   Data Analysis Problems  291   •    

Web Exercises  292   •   Web References  292