In response to the drop in wealth suffered as a consequence of the 2008 financial crisis, homeowners and firms did attempt to increase savings in financial assets by reducing expenditure on durables.
asset attempt consequence
Dale T. Mortensen
These are some quotes by American author Dale T. Mortensen Economist, who lived between February 2, 1939 and January 9, 2014.
Quotes by Dale T. Mortensen
My co-winners, Peter Diamond and Christopher Pissarides, and I wish to thank the Royal Swedish Academy of Sciences and the Nobel Foundation for this very great honor. We each feel privileged and humbled to be named the winners of the 2010 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
