Credit Booms, Financial Crises and Macroprudential Policy
收藏NBER2020-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w27481
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资源简介:
We develop a model of banking crises which Is consistent with two important features of the data: First, banking crises are usually preceded by credit booms. Second, credit booms often do not result in a crisis. That is, there are "good" booms as well as "bad" booms in the language of Gorton and
提供机构:
美国国家经济研究局
创建时间:
2020-07-01



