Fenz, Gerhard; Haar-Stöhr, Ingrid; Silgoner, Maria … - In: Monetary Policy & the Economy (2008) 3, pp. 6-20
The global economic downturn is persisting. In the U.S.A., tax rebates provided only a temporary stimulus to the economy. As the U.S. real estate crisis continues, it triggered the takeover of mortgage finance corporations Fannie Mae and Freddie Mac by their regulator in early September 2008....