Credit Market Freezes
收藏NBER2017-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23512
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资源简介：
Credit market freezes in which debt issuance declines dramatically and market liquidity evaporates are typically observed during financial crises. In the financial crisis of 2008-09, the structured credit market froze, issuance of corporate bonds declined, and secondary credit markets became highly
当债务发行规模大幅下滑、市场流动性（market liquidity）枯竭时，即发生信贷市场冻结（credit market freeze），此类现象通常会在金融危机期间出现。在2008-2009年的金融危机中，结构化信贷市场（structured credit market）出现冻结，公司债券（corporate bonds）发行规模下滑，二级信贷市场（secondary credit markets）变得高度
提供机构：
美国国家经济研究局
创建时间：
2017-06-01
