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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...
| Call Number: | Libro Electrónico |
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| Format: | Electronic eBook |
| Language: | Inglés |
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Washington, D.C. :
International Monetary Fund,
2008.
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| Series: | IMF Working Papers.
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| Subjects: | |
| Online Access: | Texto completo |