the source. Over The Cliff: From the Subprime to the Global Financial Crisis

The views expressed here are my own and are not necessarily those of Columbia University or the National Bureau of Economic Research. I thank participants in a seminar at the Federal Reserve Bank of San Francisco and the editors of the Journal of Economic Perspectives for their helpful comments. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications