How to Stop a Herd of Running Bears? Market Response to Policy Initiatives during the Global Financial Crisis »
Series: IMF Working Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2009
Keywords: Crisis, policy, announcement, event, financial, monetary, fiscal, bank, bank bailouts, recapitalization
This paper examines the impact of macroeconomic and financial sector policy announcements in the United States, the United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidit...