Sat 2008-03-22 00:00 EDT
Econbrowser: Another 75
by James Hamilton; "there is some point beyond which lowering the fed funds rate further will do more harm than good"
James Hamilton Topic in The Credit Debacle Catalog
Fri 2007-09-07 00:00 EDT
Econbrowser: Borrowing short and lending long
by James Hamilton; new bank-like institutions have evolved outside existing regulatory structures, issuing commercial paper and buying securitized debt