TY  - BOOK
AU  - Caballero,Ricardo J.
AU  - Farhi,Emmanuel
AU  - Gourinchas,Pierre-Olivier
ED  - National Bureau of Economic Research.
TI  - Financial Crash, Commodity Prices and Global Imbalances
T2  - NBER working paper series
PY  - 2008///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
N1  - December 2008; Hardcopy version available to institutional subscribers
N2  - 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
UR  - https://www.nber.org/papers/w14521
UR  - http://dx.doi.org/10.3386/w14521
ER  -