The Anatomy of a Credit Crisis: The Boom and Bust in Farm Land Prices in the United States in the 1920s.
收藏NBER2012-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18027
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资源简介：
Does credit availability exacerbate asset price inflation? Are there long run consequences? During the farm land price boom and bust before the Great Depression, we find that credit availability directly inflated land prices. Credit also amplified the relationship between positive fundamentals and
提供机构：
美国国家经济研究局
创建时间：
2012-04-01
