WP 2009-10 After Hubris, Smoke and Mirrors, The Downward Spiral: Financial and real markets pull each other down; how can policy reverse this?
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Keywordsfinancial crisis; real estate bubble; recession;
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2009-07-03 (All new papers)
- NEP-FDG-2009-07-03 (Financial Development & Growth)
- NEP-PKE-2009-07-03 (Post Keynesian Economics)
- NEP-URE-2009-07-03 (Urban & Real Estate Economics)
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