What caused the Great Recession?

This paper examines five possible explanations for the Great Recession of 2008 and 2009, using data for the United States and the eurozone. Of these five hypotheses, four are not supported by the data, while the fifth appears reasonable.

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Year of publication:	2014
Authors:	Homburg, Stefan
Publisher:	Hannover : Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät
Subject:	financial crisis \| Great Recession \| wealth effect \| credit crunch \| money demand \| central bank

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Series:	Diskussionsbeitrag ; 536
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	799334790 [GVK] hdl:10419/107641 [Handle] RePEc:han:dpaper:dp-536 [RePEc]
Classification:	E3 - Prices, Business Fluctuations, and Cycles ; E4 - Money and Interest Rates ; G1 - General Financial Markets
Source:	EconStor

Persistent link: https://www.econbiz.de/10010484710