Balance sheet recession/Definition: Difference between revisions
Jump to navigation
Jump to search
imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> A recession caused by reductions in spending and lending when households attempt to correct a sudden increase in their leverage brought about b...) |
imported>Nick Gardner No edit summary |
||
| Line 1: | Line 1: | ||
<noinclude>{{Subpages}}</noinclude> | <noinclude>{{Subpages}}</noinclude> | ||
A [[recession]] caused by reductions in spending and lending when households attempt to correct a sudden increase in their [[leverage]] brought about by the bursting of an [[asset price bubble]]. | A [[recession]] caused by reductions in spending and lending when firms and/or households attempt to correct a sudden increase in their [[leverage]] brought about by the bursting of an [[asset price bubble]]. | ||
Revision as of 23:35, 21 April 2010
This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.
Balance sheet recession [r]: A recession caused by reductions in spending and lending when firms and/or households attempt to correct a sudden increase in their leverage brought about by the bursting of an asset price bubble.