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After the Panic: Are Financial Crises Demand or Supply Shocks? Evidence from International Trade

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NBER2019-04-01 更新2025-01-04 收录
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Are financial crises a negative shock to demand or a negative shock to supply? This is a fundamental question for both macroeconomics researchers and those involved in real-time policymaking, and in both cases the question has become much more urgent in the aftermath of the recent financial crisis.

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2019-04-01
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