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An Historical Perspective on the Crisis of 2007-2008

This paper provides an historical perspective on the crisis of 2007-2008. The crisis is part of a perennial pattern. It has echoes in earlier big international financial crises which were triggered by events in the U.S. financial system. Examples include the crises of 1857, 1893 1907 and 1929-33. This crisis has many similarities to those of the past but also some important modern twists.
Year of publication:
2008-12
Authors: Bordo, Michael David
Institutions: National Bureau of Economic Research (NBER)
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Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
ME Number 14569
Classification: N10 - Macroeconomics and Monetary Economics; Growth and Fluctuations. General, International, or Comparative
Source:
Persistent link: https://www.econbiz.de/10005710604
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