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Leverage? What Leverage? A Deep Dive into the U.S. Flow of Funds in Search of Clues to the Global Crisis

Author/Editor: Ashok Vir Bhatia, Tamim Bayoumi.

Release Date: June, 2012

Price: $18.00

This paper questions the view that leverage should have forewarned us of the global financial crisis of 2007-09, pointing to several gearing indicators that were neither useful portents of the onset more...



United States:2008 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

Release Date: July, 2008

Price: $20.00

This 2008 Article IV Consultation highlights that problems in the housing and financial markets over the past year have combined to slow the United States' economy substantially. As the residential more...