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The Fisher Effect and the Financial Crisis of 2008

David Glasner
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David Glasner: Mercury Publication

No 6918, Working Papers from George Mason University, Mercatus Center

Abstract: In 2010 I wrote a paper “The Fisher Effect Under Deflationary Expectations†providing a conceptual framework for thinking about the financial panic of 2008 and the subsequent recession and weak recovery. The main theoretical point of the paper was that th

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Date: 2018-09-10
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