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Does Inequality Lead to a Financial Crisis?

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NBER2012-03-01 更新2025-01-04 收录
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The recent global crisis has sparked interest in the relationship between income inequality, credit booms, and financial crises. Rajan (2010) and Kumhof and Rancire (2011) propose that rising inequality led to a credit boom and eventually to a financial crisis in the US in the first decade of the

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2012-03-01
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