The Credit Crisis: Conjectures about Causes and Remedies
对席卷全球的金融危机的原因、资产价格和贷款持续低迷的原因以及补救措施提出有依据的猜想,适合关注金融危机成因与对策的读者。
What caused the financial crisis that is sweeping across the world? What keeps asset prices and lending depressed? What can be done to remedy matters? While it is too early to arrive at definite answers to these questions, it is certainly time to offer informed conjectures, and these are the focus of this paper.