Prof. Alessandro Gavazza of London School of Economics on mortgages, cars and market friction
Scientific Sense ®
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Is It Easier to Engineer a Soft Landing in a Recession?
Is it easier to engineer a soft landing in such a situation? Well, you're asking a tough question. I've always worked on the microeconomics of mortgages and so on. And I hope that my research exploring exactly the micro-economic adjustment of households and lenders can help to understand these more macro questions.
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