Deciphering the Liquidity and Credit Crunch 2007-2008.

Brunnermeier, M. K. (2009). Deciphering the Liquidity and Credit Crunch 2007-2008. Journal of Economic Perspectives, 23(1), 77-100.

Type

Journal article

Intellectual base

Primary research

Year

2009

DOI

10.1257/jep.23.1.77

Link

https://doi.org/10.1257/jep.23.1.77

Cited from

systems_cybernetics

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

• Vulnerability Hotspot
  • In finance, the balance-sheet position where leverage, illiquidity, and correlated counterparty exposure meet in one institution becomes the detonation point of a crisis.

    This sourceLeverage, funding illiquidity, and interconnected exposures compound at concentrated balance-sheet positions, amplifying losses into a systemic crisis — the financial detonation-point hotspot.

Verification

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