Scrapbook: Hans-Joachim Voth, Financial Crises, Bubbles, and Crashes
Econ 210a: February 25, 2009: The Economics of Thugs with Spears Who Take Your Stuff

Ricardo Caballero, Emmanuel Farhi, and Pierre-Olivier Gourinchas, "Financial Crash, Commodity Prices, and Global Imbalances"

Oversubscribed at the seminar--so I gave up my front-row seat (I have seen the paper before, albeit in a significantly different form).


Ricardo Caballero, Emmanuel Farhi, and Pierre-Olivier Gourinchas, "Financial Crash, Commodity Prices, and Global Imbalances":

Financial Crash, Commodity Prices and Global Imbalances: In this paper we argue that the persistent global imbalances, the subprime crisis, and the volatile oil and asset prices that followed it, are tightly interconnected. They all stem from a global environment where sound and liquid financial assets are in scarce supply.


Download now or preview on posterous

Posted via email from http://braddelong.posterous.com/ricardo-caballero-emmanuel-far at Brad DeLong's Scrapbook

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