Deciphering the Liquidity and Credit Crunch 2007-08
收藏NBER2008-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14612
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资源简介：
This paper summarizes and explains the main events of the liquidity and credit crunch in 2007-08. Starting with the trends leading up to the crisis, I explain how these events unfolded and how four different amplification mechanisms magnified losses in the mortgage market into large dislocations and
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美国国家经济研究局创建时间：
2008-12-01
