What is relationship between excess demand for safe assets, Financial Management

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What is relationship between excess demand for safe assets

What is the relationship between the Excess Demand for safe assets approach to global imbalances and credit/asset market booms in countries at the core of the financial system? How could this have contributed to the Financial Crisis in 2008? What are some obstacles to eliminating imbalances generated by these factors?

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Financial Management: What is relationship between excess demand for safe assets

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