Should-Read: Atif Mian, Amir Sufi, and Emil Verner: How do Credit Supply Shocks Affect the Real Economy? Evidence from the United States in the 1980s: “Does an expansion in credit supply affect the economy by increasing productive capacity, or by boosting demand?… http://www.nber.org/papers/w23802 …We design a test to uncover which of the two channels is … Continue reading Should-Read: Atif Mian, Amir Sufi, and Emil Verner: How do Credit Supply Shocks Affect the Real Economy? Evidence from the United States in the 1980s