TY - JOUR AU - Diamond,Douglas W. AU - Rajan,Raghuram TI - The Credit Crisis: Conjectures about Causes and Remedies JF - National Bureau of Economic Research Working Paper Series VL - No. 14739 PY - 2009 Y2 - February 2009 UR - http://www.nber.org/papers/w14739 L1 - http://www.nber.org/papers/w14739.pdf N1 - Author contact info: Douglas W. Diamond Booth School of Business University of Chicago 5807 S Woodlawn Avenue Chicago, IL 60637 Tel: 773/702-7283 Fax: 773/834-9134 E-Mail: douglas.diamond@chicagobooth.edu Raghuram Rajan Booth School of Business University of Chicago 5807 South Woodlawn Avenue Chicago, IL 60637 Tel: 773/702-4437 Fax: 773/702-0458 E-Mail: raghuram.rajan@ChicagoBooth.edu AB - What caused the financial crisis that is sweeping across the world? What keeps asset prices and lending depressed? What can be done to remedy matters? While it is too early to arrive at definite answers to these questions, it is certainly time to offer informed conjectures, and these are the focus of this paper. ER -