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Wednesday, May 25, 2016

Brad DeLong — Atif Mian and Amir Sufi: Who Bears the Cost of Recessions? The Role of House Prices and Household Debt

“We… show… differential shocks to household net worth coming from elevated household debt and the collapse in house prices play an underappreciated role…
WCEG — The Equitablog
Atif Mian and Amir Sufi: Who Bears the Cost of Recessions? The Role of House Prices and Household Debt
Brad DeLong

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