{"title":"2007年的双重罕见衰退:消费者债务上限衰退资产负债表衰退","authors":"P. Gutmann","doi":"10.2139/SSRN.1429863","DOIUrl":null,"url":null,"abstract":"The current recession is poorly understood. It is a combination of a very rare consumer debt limit recession and a very rare balance sheet recession. That makes it unique, dangerous and long lasting. It is leading to an extended period of low double digit unemployment that will be very hard to remedy.","PeriodicalId":130859,"journal":{"name":"Baruch College Zicklin School of Business Research Paper Series","volume":"176 2","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2009-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Doubly Rare Recession of 2007: Consumer Debt Limit Recession; Balance Sheet Recession\",\"authors\":\"P. Gutmann\",\"doi\":\"10.2139/SSRN.1429863\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The current recession is poorly understood. It is a combination of a very rare consumer debt limit recession and a very rare balance sheet recession. That makes it unique, dangerous and long lasting. It is leading to an extended period of low double digit unemployment that will be very hard to remedy.\",\"PeriodicalId\":130859,\"journal\":{\"name\":\"Baruch College Zicklin School of Business Research Paper Series\",\"volume\":\"176 2\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2009-07-04\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Baruch College Zicklin School of Business Research Paper Series\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/SSRN.1429863\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Baruch College Zicklin School of Business Research Paper Series","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/SSRN.1429863","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
The Doubly Rare Recession of 2007: Consumer Debt Limit Recession; Balance Sheet Recession
The current recession is poorly understood. It is a combination of a very rare consumer debt limit recession and a very rare balance sheet recession. That makes it unique, dangerous and long lasting. It is leading to an extended period of low double digit unemployment that will be very hard to remedy.
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