The Great Depression and the Great Recession: A View from Financial Markets
收藏NBER2015-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21056
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资源简介：
Similarities between the Great Depression and the Great Recession are documented with respect to the behavior of financial markets. A Great Depression regime is identified by using a Markov-switching VAR. The probability of this regime has remained close to zero for many decades, but spiked for a
提供机构：
美国国家经济研究局
创建时间：
2015-03-01
