The Financial Crisis and Federal Reserve Policy

LLOYD B. THOMAS Professor of Economics and Department Head at Kansas State University, USA. He has served as a visiting professor at the University of California-Berkeley, University of Delaware, and Indiana University-Bloomington and work has appeared in Economic Letters, Journal of Economic Perspectives, Business Economics, and Quarterly Review of Economics and Finance.

Financial Crises:  An Overview The Nature of Banking Crises The Panic of 1907 and the Savings and Loan Crisis Development of the Housing and Credit Bubbles Bursting of the Twin Bubbles The Great Crisis and the Great Recession of 2007-2009 The Framework of Federal Reserve Monetary Control Federal Reserve Policy in the Great Depression The Federal Reserve's Response to the Great Crisis The Federal Reserve's Exit Strategy and the Threat of Inflation The Taylor Rule and Evaluation of U.S. Monetary Policy Regulatory Reform Proposals