Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/110116
Authors: 
Goolsbee, Austan D.
Krueger, Alan B.
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers 8888
Abstract: 
This paper takes a retrospective look at the U.S. government's effort to rescue and restructure General Motors and Chrysler in the midst of the 2009 economic and financial crisis. The paper describes how two of the largest industrial companies in the world came to seek a bailout from the U.S. government, the analysis used to evaluate their request, and the steps taken by the government to rescue them. The paper also summarizes the performance of the U.S. auto industry since the bailout and draws some general lessons from the episode.
Subjects: 
auto bailout
auto industry
JEL: 
H0
L50
L62
G01
G33
Document Type: 
Working Paper

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