Broadly speaking, research has emphasized two related amplifying mechanisms for the 2008 crisis: the effect of household balance sheets on consumption, and the bank-lending channel. In some sense the successful private equity model described in Steven Davis, John Haltiwanger, Ron Jarmin, Josh Lerner, and Javier Miranda and Robert Harris, Tim Jenkinson, and Kaplan, for example, has been imported into public equity markets, in a reprise of the 1980s.
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General Assignment Reporter
Bergen County Prosecutor, which presents the question, according to the Courts website, of whether OPRA and the common law compel disclosure of the names and addresses of people who successfully bid at an auction of public property.
For example, Tobias Adrian, Paolo Colla, and Shin show that bonds made up much of the shortfall in bank lending during the 2008 financial crisis.
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