Global Imbalances and Financial Fragility
收藏NBER2009-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14688
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资源简介：
The U.S. is currently engulfed in the most severe financial crisis since the Great Depression. A key structural factor behind this crisis is the large demand for riskless assets from the rest of the world. In this paper we present a model to show how such demand not only triggered a sharp rise in U
提供机构：
美国国家经济研究局创建时间：
2009-01-01
