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Chapter Thirty: The Financial Crisis and the Great Recession

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Chapter Thirty:. The Financial Crisis and the Great Recession. Prelude to a Crisis. Figure 30.1: Historical Housing Prices. Source: Shiller dataset. www.econ.yale.edu/~shiller/data.htm. Figure 30.2: Housing Bubble and Credit Access. - PowerPoint PPT Presentation

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Page 1: Chapter Thirty:

Chapter Thirty:

The Financial Crisis and the

Great Recession

Page 2: Chapter Thirty:

Prelude to a Crisis

Page 3: Chapter Thirty:

Figure 30.1: Historical Housing Prices

Source: Shiller dataset. www.econ.yale.edu/~shiller/data.htm

Page 4: Chapter Thirty:

Figure 30.2: Housing Bubble and Credit Access

Sources: Federal Reserve (www.newyorkfed.org/markets/statistics/dlyrates/fedrate.html/ and www.federalreserve.gov/releases/h15/data.html); Shiller dataset, www.econ.yale.edu/~shiller/data/ie_data.xls

Page 5: Chapter Thirty:

Underlying Causes of the Financial Crisis

Page 6: Chapter Thirty:

Figure 30.3: Increasing Bank Size

Source: Federal Deposit Insurance Corporation (www2.fdic.gov/qbp/); www.fdic.gov/bank/statistical/stats/2012dec/industry.html