A Quantification Of The 2008-2009 US Bailout Package
By examining the credit crunch causes and effects, this paper reflects on the necessity of the banks bailout package and its alternatives and quantifies a maximum non-inflationary bailout amount which is unlikely to cause permanent adjustments in the long term (trade-weighted) exchange rate equilibr...
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2009-05-01
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| Series: | Review of Economic and Business Studies |
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| Online Access: | http://rebs.ro/resource/REBS_3/Research%20Paper/Cicero_LIMBEREA_-_A_Quantification_Of_The_2008-2009.pdf |
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doaj-17547c29c66545ecb07b9c0bcbe00a902020-11-24T23:08:29ZengSciendoReview of Economic and Business Studies1843-763X2009-05-01II1127135A Quantification Of The 2008-2009 US Bailout PackageCicero I. LIMBEREABy examining the credit crunch causes and effects, this paper reflects on the necessity of the banks bailout package and its alternatives and quantifies a maximum non-inflationary bailout amount which is unlikely to cause permanent adjustments in the long term (trade-weighted) exchange rate equilibrium level of the US dollar. Furthermore it determines that the current bailout amounts are less than the maximum non-inflationary bailout amount and determines that to resolve the underlying credit crunch problem, an increase in non-bank bailout M1 and/or a tax reduction is necessary.http://rebs.ro/resource/REBS_3/Research%20Paper/Cicero_LIMBEREA_-_A_Quantification_Of_The_2008-2009.pdfcredit crunchM1M3ISLM equilibriumdemand shockKeynesian multipliermonetary policyfiscal policymortgage prepayments changesMBSvelocity of money supplylong term equilibrium of exchange rates |
| collection |
DOAJ |
| language |
English |
| format |
Article |
| sources |
DOAJ |
| author |
Cicero I. LIMBEREA |
| spellingShingle |
Cicero I. LIMBEREA A Quantification Of The 2008-2009 US Bailout Package Review of Economic and Business Studies credit crunch M1 M3 ISLM equilibrium demand shock Keynesian multiplier monetary policy fiscal policy mortgage prepayments changes MBS velocity of money supply long term equilibrium of exchange rates |
| author_facet |
Cicero I. LIMBEREA |
| author_sort |
Cicero I. LIMBEREA |
| title |
A Quantification Of The 2008-2009 US Bailout Package |
| title_short |
A Quantification Of The 2008-2009 US Bailout Package |
| title_full |
A Quantification Of The 2008-2009 US Bailout Package |
| title_fullStr |
A Quantification Of The 2008-2009 US Bailout Package |
| title_full_unstemmed |
A Quantification Of The 2008-2009 US Bailout Package |
| title_sort |
quantification of the 2008-2009 us bailout package |
| publisher |
Sciendo |
| series |
Review of Economic and Business Studies |
| issn |
1843-763X |
| publishDate |
2009-05-01 |
| description |
By examining the credit crunch causes and effects, this paper reflects on the necessity of the banks bailout package and its alternatives and quantifies a maximum non-inflationary bailout amount which is unlikely to cause permanent adjustments in the long term (trade-weighted) exchange rate equilibrium level of the US dollar. Furthermore it determines that the current bailout amounts are less than the maximum non-inflationary bailout amount and determines that to resolve the underlying credit crunch problem, an increase in non-bank bailout M1 and/or a tax reduction is necessary. |
| topic |
credit crunch M1 M3 ISLM equilibrium demand shock Keynesian multiplier monetary policy fiscal policy mortgage prepayments changes MBS velocity of money supply long term equilibrium of exchange rates |
| url |
http://rebs.ro/resource/REBS_3/Research%20Paper/Cicero_LIMBEREA_-_A_Quantification_Of_The_2008-2009.pdf |
| work_keys_str_mv |
AT ciceroilimberea aquantificationofthe20082009usbailoutpackage AT ciceroilimberea quantificationofthe20082009usbailoutpackage |
| _version_ |
1725614020124213248 |