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Sara Hinkley

What Really Caused the Great Recession?

Posted on September 19, 2018March 12, 2020

The Great Recession devastated local labor markets and the national economy. Ten years later, Berkeley researchers are finding many of the same red flags blamed for the crisis: banks making subprime loans and trading risky securities. Congress just voted to scale back many Dodd-Frank provisions. Does another recession lie around the corner?

IRLE Policy Brief

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