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Credit Crises, Money and Contractions: an historical view

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NBER2009-09-01 更新2025-01-04 收录
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The relatively infrequent nature of major credit distress events makes an historical approach particularly useful. Using a combination of historical narrative and econometric techniques, we identify major periods of credit distress from 1875 to 2007, examine the extent to which credit distress

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2009-09-01
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