The 2008 financial crisis and taxation policy
The 2008 financial crisis is the worst economic crisis since the Great Depression of 1929. It has been characterised by a housing bubble in a context of rapid credit expansion, high risk-taking and exacerbated financial leverage, leading to deleveraging and credit crunch when the bubble burst. This...
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Format: | UnknownFormat |
Sprache: | eng |
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Munich
Univ., Center for Economic Studies
2010
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Schriftenreihe: | CESifo working paper series Public finance
2932 |
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