accountIn the ongoing debate over the causes of the slump, one group of observers sees disruptions to the financial system as important factor. Tyler Cowen, for example, has argued that there has been a rise in the risk premium caused by a lingering shock to trust:
Join Business Exchange
to access the most
relevant content for you,
filtered by like-minded
business professionals.
Learn more
Reactions to Macro and Other Market Musings: Financial Shocks, Risk Premium, and Monetary Policy
Join Business Exchange
to access the most relevant content for you, filtered by like-minded business professionals. Learn more
account