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Vol. 92, No. 3
Posted 2010-05-03

Three Lessons for Monetary Policy from the Panic of 2008

by James Bullard

This article is a modified version of a presentation given at the Federal Reserve Bank of Philadelphia’s policy forum "Policy Lessons from the Economic and Financial Crisis," December 4, 2009. The presentation was made during a panel discussion that also included John Taylor and N. Gregory Mankiw.

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