Market Responses to the Panic of 2008
收藏NBER2008-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w14446
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资源简介：
We model the panic of 2008 as part of the wealth and substitution effects deriving from a housing price crash that began in 2006. The dissipation of the wealth effect stimulates a reorganization of the banking industry and increases in employment, GDP, and unemployment. The release of resources from
提供机构：
美国国家经济研究局
创建时间：
2008-10-01
