and Simon Gilchrist, "What Happened: Financial Factors in the Great Recession," Working Paper, New York University 2017.Gertler, M. and S. Gilchrist (2018): "What Happened: Financial Factors in the Great Recession," Journal of Economic Perspectives, 32, 3-30....
Gertler, Mark and Simon Gilchrist (2018), "What Happened: Financial Factors in the Great Recession," Journal of Economic Perspectives, Vol. 32, No. 3, Summer, pp. 3- 30.Gertler, M. and Gilchrist, S. 2018. "What Happened: Financial Factors in the Great Recession." Journal of Economic ...
The exposure of the economy to a financial crisis is closely related to the degree to which borrowers rely on debt.The higher the fraction of financing that is debt, as opposed to equity, the more sensitive the balance sheet becomes to fluctuations in asset prices. The lead-up to the Grea...
The subprime meltdown led to the financial crisis, the Great Recession, and a massive sell-off in the equity markets. Understanding the Subprime Meltdown Following thetech bubbleand the economic trauma that followed the terrorist attacks in the U.S. on Sept. 11, 2001, theFederal Reservestimula...
A date when you celebrate something important that happened in a press was. Earthquake. A 3rd and seeking movement of the ground. Hate. Close to g. Cool. The countries and markets do ha! The parrot. Separate. Something that keeps the one thing apart from another. Different. The priest. ...
A. Civil war B. Financial boom C. Economic crisis 相关知识点: 试题来源: 解析 C 考查对信息细节的理解能力。Sam提到“I grew up poor in a farm community in rural Missouri during the Great Depression.”即:他成长的年代正是经济大萧条时期。反馈 收藏 ...
That?swhathappenedseveraldecadesagowhen farmersinXi?an,China,werediggingwells. Archaeologists(考古学家)havesincefoundabout6,000moreofthesesoldiers,alongwith horses,weapons,tools,andotherartifacts(手工艺品).Thehugearmywasmeanttoprotectthe tombofthefirstrulerofChina.ThefirstemperorofChina,QinShihuang,...
The chronology that I’ve just outlined gives us an idea of how the crisis happened in a mechanical sense. But it doesn’t get to the deeper question of the underlying causes. This is something that has been much debated over the past year of so, and it’s fair to say that explanatio...
Especially after the financial crisis of 2008–2009, I should have realized it would be bad “optics” and stayed away from anything having to do with Wall Street. I didn’t. That’s on me.引自Get Caught Trying 很多官员和候选者都做过收费的演讲,但老娘做同样的事就是老娘被华尔街收买了—...
This year's debt-limit debate in Congress doesn't mirror what happened in 2011, but experts point out that the duration of the discussions could have had unintended consequences in the market. Knapp remarks, "Gridlock regarding the debt ceiling creates uncertainty that could eventually roil markets...