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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Tong, Hui
מחברים אחרים: Wei, Shang-Jin
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2008.
סדרה:IMF Working Papers; Working Paper ; No. 2008/186
גישה מקוונת:Full text available on IMF