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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Tong, Hui
مؤلفون آخرون: Wei, Shang-Jin
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2008.
سلاسل:IMF Working Papers; Working Paper ; No. 2008/186
الوصول للمادة أونلاين:Full text available on IMF