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Credit Growth and the Financial Crisis: A New Narrative

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NBER2017-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23740
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A broadly accepted view contends that the 2007-09 financial crisis in the U.S. was caused by an expansion in the supply of credit to subprime borrowers during the 2001- 2006 credit boom, leading to the spike in defaults and foreclosures that sparked the crisis. We use a large administrative panel of
提供机构:
美国国家经济研究局
创建时间:
2017-08-01
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