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Which was NOT a lesson that Hoshi and Kashyap would draw from Japan's financial crisis? Targeted lending to support industrial policy minimizes non-performing loans, protecting
Which was NOT a lesson that Hoshi and Kashyap would draw from Japan's financial crisis? Targeted lending to support industrial policy minimizes non-performing loans, protecting the economy from severe financial crises. Coordinated monetary and fiscal policy responses can be helpful. Asset Management Companies can get bad loans off of banks' balance sheets quickly. none of the these
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