Risk Allocation, Debt Fueled Expansion and Financial Crisis
收藏NBER2009-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15110
下载链接
链接失效反馈官方服务：
资源简介：
In this paper we discuss how several macroeconomic features of the 2001-2009 period may have resulted from a process in which financial markets were trying to allocate risk between heterogeneous agents when productive investment opportunities are scarce. We begin by showing how heterogeneity in
提供机构：
美国国家经济研究局创建时间：
2009-06-01
