Work

Financial Crash, Commodity Prices and Global Imbalances

Year: 2008

Type: report

Abstract: 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.

Source: National Bureau of Economic Research

DOI: 10.3386/w14521

Authors: Ricardo Caballero, Emmanuel Farhi, Pierre-Olivier Gourinchas

Institutions: National Bureau of Economic Research, Harvard University, Massachusetts Institute of Technology, University of California, Berkeley

Language: English

Topic: Global Financial Crisis and Policies

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

Funder: National Science Foundation

OpenAlex ID: W3121493585

Cites: 19

Cited by: 211

Related to: 10