Rethinking housing bubbles: the role of household and bank balance sheets in modeling economic cycles
Auteur :
Gjerstad, Steven D. / Smith, Vernon L.
Éditeur :
Cambridge University Press
ISBN :
9780521198097
Date de publication :
12 mai 2014
Dimensions :
23,5 x 15,7 x 2,2 cm
Poids :
540 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
In this highly original piece of work, Steven D. Gjerstad and Nobel Laureate Vernon L. Smith combine data from both laboratory and real markets and use novel historical analysis on economic events going back to the Great Depression to establish the critical roles of household and bank balance sheets in economic cycles.