Predictable Financial Crises
收藏NBER2020-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w27396
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资源简介：
Using historical data on post-war financial crises around the world, we show that crises are substantially predictable. The combination of rapid credit and asset price growth over the prior three years, whether in the nonfinancial business or the household sector, is associated with about a 40%
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美国国家经济研究局创建时间：
2020-06-01
