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Paperback The U.S. Financial System in 2011: How Will Sufficient Credit Be Provided? Book

ISBN: 1505375746

ISBN13: 9781505375749

The U.S. Financial System in 2011: How Will Sufficient Credit Be Provided?

This paper uses Flow of Funds data on the level of net new credit extension to construct a bird's-eye view of what the financial market landscape might look like once the turmoil subsides and the economy has begun to recover. The paper targets two related questions: (1) How much credit must be extended in order to return the economy to its long-run trend growth? (2) What roles will the major credit providers likely play in that process? The mix of...

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