Economics and Business Review

ISSN 2392-1641
e-ISSN 2450-0097

Poznań University of Economics - Poland

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Volume 11 Number 1 pp. 48-63

Tadeusz Kowalski, Yochanan Shachmurove

Pozna&#
3

2

4
; University of Economics, Poland

The financial crisis: : what lessons can be learned?

Abstract: Many are currently studying the origins of the financial crisis in an attempt to answer two seemingly simple questions: why did it happen, and can another crisis be prevented? Those two questions have proved incredibly divisive. The majority opinion of The United States Financial Crisis Inquiry Commission was submitted with two dissenting positions. Furthermore, The 2010 Economic Report of the United States President does not perfectly align with any opinion presented in that report. Few studies, however, provide proper consideration to the evolution of macroeconomic thought and lengthening of the business cycle preceding the current crisis. (original abstract)
pub/2011_1_48.pdf Full text available in in Adobe Acrobat format:
http://www.ebr.edu.pl/volume11/issue1/2011_1_48.pdf
Keywords: Financial crisis, Keynesian theory, Rational expectations theory, Financial policy, Business cycles, Kryzys finansowy, Keynesizm, Teoria racjonalnych oczekiwań, Polityka finansowa, Cykl koniunkturalny

For citation:

MLA Kowalski, Tadeusz, and Yochanan Shachmurove. "The financial crisis: : what lessons can be learned?." Economics and Business Review EBR 11.1 (): 48-63.
APA , (). The financial crisis: : what lessons can be learned?. Economics and Business Review EBR 11(1), 48-63
ISO 690 KOWALSKI, Tadeusz, SHACHMUROVE, Yochanan. The financial crisis: : what lessons can be learned?. Economics and Business Review EBR, , 11.1: 48-63.