How do Credit Supply Shocks Affect the Real Economy? Evidence from the United States in the 1980s
收藏NBER2017-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23802
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资源简介：
We study the business cycle consequences of credit supply expansion in the U.S. The 1980's credit boom resulted in stronger credit expansion in more deregulated states, and these states experience a more amplified business cycle. A new test shows that amplification is primarily driven by the local
提供机构：
美国国家经济研究局
创建时间：
2017-09-01
