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International Contagion Through Leveraged Financial Institutions

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NBER2011-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17686
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The 2008-2009 financial crises, while originating in the United States, witnessed a drop in asset prices and output that was at least as large in the rest of the world as in the United States. A widely held view is that this was the result of global transmission through leveraged financial
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2011-12-01
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