Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008
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The crisis of the advanced economies in 2008-09 has focused new attention on money and credit fluctuations, financial crises, and policy responses. We study the behavior of money, credit, and macroeconomic indicators over the long run based on a new historical dataset for 14 countries over the years
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美国国家经济研究局创建时间:
2009-11-01



