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Credit Frictions in the Great Recession

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NBER2020-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w28201
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Although a credit tightening is commonly recognized as a key determinant of the Great Recession, to date, it is unclear whether a worsening of credit conditions faced by households or by firms was most responsible for the downturn. Some studies have suggested that the household-side credit channel
提供机构:
美国国家经济研究局
创建时间:
2020-12-01
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