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How credit is allocated during booms can predict busts
Across history, some bursts of lending to companies and individuals, or so-called "credit booms," have led to busts, while others haven't.
Jun 26, 2023
Across history, some bursts of lending to companies and individuals, or so-called "credit booms," have led to busts, while others haven't.
The latest working papers from MIT Sloan faculty about the coronavirus/COVID-19 pandemic.