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...
| Yazar: | Ranciere, Romain |
|---|---|
| Diğer Yazarlar: | Kumhof, Michael |
| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2010.
|
| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2010/268 |
| Online Erişim: | Full text available on IMF |
Benzer Materyaller
-
Inequality, Leverage and Crises : The Case of Endogenous Default /
Yazar:: Kumhof, Michael
Baskı/Yayın Bilgisi: (2013) -
Income Inequality and Current Account Imbalances /
Yazar:: Ranciere, Romain
Baskı/Yayın Bilgisi: (2012) -
Taxation, Bank Leverage, and Financial Crises /
Yazar:: Mooij, Ruud A.
Baskı/Yayın Bilgisi: (2013) -
Leverage of the Weak
Yazar:: Liu -
Leverage? : What Leverage? A Deep Dive into the U.S. Flow of Funds in Search of Clues to the Global Crisis /
Yazar:: Bayoumi, Tamim
Baskı/Yayın Bilgisi: (2012)