Description
Book SynopsisTrade ReviewA detailed study of the history of bailouts... [and] a must-read for anyone interested in the policy implications of bailouts. -- Andrew Jalil EH.net A timely, accessible examination of government bailouts. Choice
Table of Contents1. The Evolution of the Reconstruction Finance Corporation as a Lender of Last Resort in the Great Depression, by Joseph R. Mason, Louisiana State University and the Wharton School 2. Financial Crises and Government Responses: Lessons Learned, by Benton E. Gup, University of Alabama 3. Hybrid Failures and Bailouts: Social Costs, Private Profits, by Robert E. Wright, NYU Stern School of Business 4. After the Storm: The Long Run Impact of Bank Bailouts, by Guillermo Rosas and Nathan M. Jensen, Washington University in Saint Louis
