Financial crisis: why it may last

Ángel Ubide, 16 October 2007

The subprime crisis was first characterised as a liquidity crisis, but a month and billions of dollars of liquidity injections later, the situation has not improved. Perhaps it was not about liquidity, after all.

This article appears in English and French on our Consortium partner's site http://www.telos-eu.com.

Topics: Financial markets
Tags: subprime crisis

7398 reads
Printer-friendly version

Ángel Ubide

Director of Global Economics at the D E Shaw Group

Don't Miss

Helicopter money as a policy option

Reichlin, Turner, Woodford

Escaping liquidity traps: Lessons from the UK’s 1930s escape

Crafts

The lessons of the North Atlantic crisis for economic theory and policy

Stiglitz

Most Read

Fiscal consolidation: At what speed?Blanchard, Leigh
Escaping liquidity traps: Lessons from the UK’s 1930s escapeCrafts
The lessons of the North Atlantic crisis for economic theory and policyStiglitz
Helicopter money as a policy optionReichlin, Turner, Woodford
Rethinking macroeconomic policyBlanchard

A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
Eurozone breakup would trigger the mother of all financial crisesEichengreen
Debt, deleveraging, and the liquidity trap: A new modelKrugman
Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji

Vox Talks

The Battle of Bretton Woods

Steil, 29 April 2013

Listen | Open Player

Subscribe