"expansions in credit supply, operating primarily through household demand, have been an important driver of business cycles." Mian and Sufi

"expansions in credit
supply, operating primarily through household demand, have been an important driver of business cycles." Mian and Sufi on why credit matters
pubs.aeaweb.org/doi/pdf/10.125…
helps to drive housing cycle
adamtooze.substack.com/p/chartbook-17… https://t.co/OjPNmzzPJL

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