The Credit Crisis: Conjectures about Causes and Remedies

Douglas W. Diamond, Raghuram Rajan

NBER Working Paper No. 14739
Issued in February 2009

---- Acknowledgements -----

Diamond and Rajan acknowledge support from the Center for Research on Securities Prices at the University of Chicago’s Booth School of Business. Rajan also acknowledges support from the Initiative on Global Markets and the Stigler Center at the Booth School. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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