Could the Financial Crisis of 2008 Have Been Less Severe? Lehman Brothers and the Role of the Federal Reserve
Grant Year: 2017
Laurence Ball will research and write a book that examines whether public officials could have intervened to prevent the collapse of Lehman Brothers and thereby lessened the severity of the financial crisis and recession. He will analyze financial data and testimony from key figures involved in the efforts to combat the crisis in 2008 in order to better understand why officials chose to let Lehman Brothers fail.
Cambridge University Press Domestic Public Policy