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...
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| Diğer Yazarlar: | |
| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2008.
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| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2008/186 |
| Online Erişim: | Full text available on IMF |