Prof. Alessandro Gavazza of London School of Economics on mortgages, cars and market friction
Scientific Sense ®
00:00
The European Suffering Debt Crisis and the Funding for Lending Scheme
Gavaza is president of economics at the London School of Economics. His research focuses on the role of fictions in markets, the government center. Gavaza: During recent periods of unconventional monetary policy, such as the UK's funding for lending scheme, lenders decreased interest rates and increased origination fees.
Transcript
Play full episode
