Financial production and the subprime mortgage crisis. [PDF]
AbstractThe causes of the 2007-8 subprime crisis continue to be the subject of much debate, with explanations ranging from de-regulation and fraudulent behavior to global imbalances and rising inequality. However, a comprehensive analysis of the endogenous forces that made the crisis inevitable has yet to be presented.
Tori D, Caverzasi E, Gallegati M.
europepmc +5 more sources
Indirect and direct effects of the subprime crisis on the real sector: labor market migration. [PDF]
The bursting of the US housing bubble in the second half of 2008 triggered an almost unprecedented systemic crisis in the world economy. The financial collapse quickly overflowed into the real economy and caused, among other effects, a sharp fall in the ...
Silva TC, Muniz FJ, Tabak BM.
europepmc +2 more sources
Is the COVID-19 pandemic more contagious for the Asian stock markets? A comparison with the Asian financial, the US subprime and the Eurozone debt crisis. [PDF]
The ongoing COVID-19 pandemic has sent shock waves across the global stock markets. Several financial crises in the past too have had a global impact with their reach extending beyond the country of origin.
Chopra M, Mehta C.
europepmc +2 more sources
Subprime Crisis: Causes and Responses
Since the Great Depression, the U.S. has had only one more catastrophic economic crisis than the one that began in 2008.The economic crisis not only dealt a decisive blow to the economic development of the United States but also affected most countries in the world, causing substantial financial losses to many countries.
Yuxuan Zhang
openaire +2 more sources
Tracking market and non-traditional sources of risks in procyclical and countercyclical hedge fund strategies under extreme scenarios: a nonlinear VAR approach [PDF]
The subprime crisis was quite damaging for hedge funds. Using the local projection method (Jordà 2004, 2005, 2009), we forecast the dynamic responses of the betas of hedge fund strategies to macroeconomic and financial shocks—especially volatility and ...
François-Éric Racicot +1 more
doaj +2 more sources
Making Sense of the Subprime Crisis [PDF]
macroeconomics, subprime crisis, foreclosures, market, risk ...
Andreas Lehnert +3 more
core +9 more sources
Eastern European Equity Markets and the Subprime Crisis Does Emerging Europe Still Offer Diversification Benefits? [PDF]
The stock markets in Eastern Europe went through a period of rapid growth. Those which joined the EU had to integrate with Western Europe on various levels, which had important implications for their equity price development during the subprime mortgage ...
Kinga Niemczak
core +2 more sources
Contagion of the Subprime Financial Crisis on Frontier Stock Markets: A Copula Analysis
This study assesses contagion from the USA subprime financial crisis on a large set of frontier stock markets. Copula models were used to investigate the structure of dependence between frontier markets and the USA, before and after the occurrence of the
Wahbeeah Mohti +3 more
doaj +2 more sources
The aim of this paper is to study the contagion effects of the subprime financial crisis on the real economy of developed countries. The contagion of this crisis will be measured by increased linkages between markets after a shock has taken place (the stock market shocks, the interbank spread).
Chihi-Bouaziz, Meriam +2 more
semanticscholar +6 more sources
El vídeo de Bird & Fortune sobre la crisis, aparte de ser muy popular en Internet, es un maravilloso ejercicio de ironía inglesa. Es el punto de humor para este número, trás los artículos, pero el contenido es, en realidad, tremendamente serio.
- Bremner, Bird and Fortune
doaj +1 more source

