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ABS Inflows to the United States and the Global Financial Crisis

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NBER2011-08-01 更新2025-01-04 收录
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The "global saving glut" (GSG) hypothesis argues that the surge in capital inflows from emerging market economies to the United States led to significant declines in long-term interest rates in the United States and other industrial economies. In turn, these lower interest rates, when combined with

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2011-08-01
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