Comment by jihadjihad

Ben Bernanke has studied and written [0] extensively about this topic; a copy of a speech he delivered at Washington and Lee University in 2004 can be found at [1] for those interested.

0: https://www.nber.org/system/files/chapters/c11482/c11482.pdf

1: https://www.bis.org/review/r040305e.pdf