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| Volume 9, No. 3,
December
2010 |
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The Role of Macro Imbalances in
the US Recession of 2007–2009 |
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| Biru
Paksha Paul |
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Department of Economics, State
University of New York at Cortland, U.S.A. |
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Key words:
US economy; great recession; financial crisis; cheap money;
macro imbalances; twin deficits |
| JEL
classification:
E32; E44; E52; E62; F41 |
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