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...

詳細記述

書誌詳細
第一著者: Tong, Hui
その他の著者: Wei, Shang-Jin
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2008.
シリーズ:IMF Working Papers; Working Paper ; No. 2008/186
オンライン・アクセス:Full text available on IMF