Real Effects of the Subprime Mortgage Crisis : Is it a Demand or a Finance Shock? /
We develop a methodology to study how the subprime crisis spills over to the real economy. Does it manifest itself primarily through reducing consumer demand or through tightening liquidity constraint on non-financial firms? Since most non-financial firms have much larger cash holding than before, t...
| Autore principale: | |
|---|---|
| Altri autori: | |
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2008.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 2008/186 |
| Accesso online: | Full text available on IMF |