Deciphering the 2007-08 Liquidity and Credit Crunch ∗

@inproceedings{Brunnermeier2008DecipheringT2,
  title={Deciphering the 2007-08 Liquidity and Credit Crunch ∗},
  author={Markus K. Brunnermeier},
  year={2008}
}
∗My views were shaped by conversations with Viral Acharya, Franklin Allen, Patrick Bolton, Smita Brunnermeier, Sylvain Champonnois, Ing-Haw Cheng, Doug Diamond, Joel Hasbrouck, John Kambhu, Augustin Landier, David Lando, Jamie McAndrews, Konstantin Milbradt, Filippos Papakonstantinou, Raghu Rajan, Ricardo Reis, Andrei Shleifer, Jeremy Stein, James Vickery, Glen Weyl, and Wei Xiong. My co-authors on related work, Lasse Pedersen, Tobias Adrian, Martin Oehmke, Stefan Nagel, Arvind Krishnamurthy… CONTINUE READING
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