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Book Cover
E-book
Author Leruth, Luc E., author.

Title The crisis and Miss Emily's perceptions / Luc E. Leruth and Pierre J. Nicolas
Published [Washington, D.C.] : International Monetary Fund, ©2010

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Description 1 online resource (32 pages)
Series Departmental Papers / Policy Papers
Departmental Papers / Policy Papers; Departmental Paper ; no. 10/10
Summary The crisis and Miss Emily's Perceptions draws an analogy between the theme and the characters in Faulkner's short story "A Rose for Emily" and the global financial crisis. In Faulkner's story, all the characters try to deny realities, thus allowing an unstable situation to last longer than it should have. The paper briefly reviews the literature on perception biases and argues that all economic actors have, to some degree, been refusing to face realities, which helped the crisis to unfold
Notes Title from PDF title page (IMF Web site, viewed Dec. 21, 2010)
Bibliography Includes bibliographical references
Notes At head of title: Offices in Europe
English
Subject Global Financial Crisis, 2008-2009.
Monetary Policy.
Global Financial Crisis, 2008-2009.
Paper.
Liechtenstein.
United States.
Form Electronic book
Author Nicolas, Pierre J., author.
Faulkner, William, 1897-1962. Rose for Emily.
International Monetary Fund, issuing body.
ISBN 1462327338
9781462327331
1616350679
9781616350673