A Simple Model of the Financial Crisis of 2008-9,

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ISSN 1936-5098 CAE Working Paper #09-11 A Simple Model of the Financial Crisis of 2007-9 with Implications for the Design of a Stimulus Package by Kaushik Basu August 2009 August 15, 2009 A Simple Model of the Financial Crisis of 2007-9 with Implications for the Design of a Stimulus Package Kaushik Basu Department of…

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