Inequality, Leverage and Crises /
The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of the rich, a large increase in leverage for the remainder, and an eventual financial and...
| मुख्य लेखक: | Ranciere, Romain |
|---|---|
| अन्य लेखक: | Kumhof, Michael |
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2010.
|
| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2010/268 |
| ऑनलाइन पहुंच: | Full text available on IMF |
समान संसाधन
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Inequality, Leverage and Crises : The Case of Endogenous Default /
द्वारा: Kumhof, Michael
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Income Inequality and Current Account Imbalances /
द्वारा: Ranciere, Romain
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Taxation, Bank Leverage, and Financial Crises /
द्वारा: Mooij, Ruud A.
प्रकाशित: (2013) -
Leverage of the Weak
द्वारा: Liu -
Leverage? : What Leverage? A Deep Dive into the U.S. Flow of Funds in Search of Clues to the Global Crisis /
द्वारा: Bayoumi, Tamim
प्रकाशित: (2012)