Crisis and Responses: The Federal Reserve in the Early Stages of the Financial Crisis

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When Safe Proved Risky: Commercial Paper During the Financial Crisis of 2007-2009 (2010, background): “The most prominent example is the Penn Central’s failure (e.g., Calomiris, 1994; Calomiris, Himmelberg, and Wachtel, 1995).”
The 2007 Subprime Market Crisis Through the Lens of European Central Bank Auctions for Short-Term Funds (2011, unknown): “(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) ROA’07 ROA’07 ROA’07 ROE’07 ROE’07 ROE’07 CTI’07 CTI’07 CTI’07 NIM’07 NIM’07 NIM’07”
The Impact of Weather Anomalies on Migration in sub-Saharan Africa (2012, background): “Indeed, contractions in the money supply have been shown to be the source of such strong contractions in production as those during the Great Depression (Friedman and Schwartz, 1971), or as such large expansions as the Great Moderation (Brunnermeier (2008); Bean (2010); Cecchetti (2009)).”
Public Information and Coordination: Evidence from a Credit Registry Expansion (2011, unknown): “3 Following a similar logic, the Term Auction Facility (TAF) was created in 2007 to allow banks to borrow from the Federal Reserve without being observed by the banks other creditors (Cecchetti 2009).”