| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19418 |
| 来源ID | Working Paper 19418 |
| Bank Failures and Output During the Great Depression | |
| Jeffrey A. Miron; Natalia Rigol | |
| 发表日期 | 2013-09-12 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | In response to the Financial Crisis of 2008, macroeconomic policymakers employed a range of tools designed to prevent failures of large, complex financial institutions ("banks"). The Treasury and the Fed justified these actions by arguing that bank failures exacerbate output declines, rather than just reflecting output losses that have already occurred. This view is consistent with economic models based on credit market imperfections, but it is an empirical question as to whether the feedback from failures to output losses is substantial. |
| 主题 | Macroeconomics ; Business Cycles |
| URL | https://www.nber.org/papers/w19418 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577094 |
| 推荐引用方式 GB/T 7714 | Jeffrey A. Miron,Natalia Rigol. Bank Failures and Output During the Great Depression. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
