Results 11 to 20 of about 3,040 (226)
The Devil is in the Tails: Actuarial Mathematics and the Subprime Mortgage Crisis [PDF]
ASTIN Bulletin, 2010 AbstractIn the aftermath of the 2007-2008 financial crisis, there has been criticism of mathematics and the mathematical models used by the finance industry. We answer these criticisms through a discussion of some of the actuarial models used in the pricing of credit derivatives.
Donnelly, Catherine, Embrechts, Paul
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Regional Science Policy &Practice, EarlyView., 2023 Abstract This paper sheds light on regional recovery prospects from the coronavirus disease 2019 (COVID‐19) crisis by examining the link between gross rates of establishment openings and closures and local economic growth spanning the 2001 recession and the 2007–2009 global financial crisis (GFC).
Nicholas Kacher, Stephan Weiler
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Analysis on Sub-Prime Debt Crisis [PDF]
E3S Web of Conferences, 2020 Economic crises, such as Subprime Mortgage Crisis in 2008, European Debt Crisis in 2010, and stock market disaster in 2015, have become an essential concern for people and governments.
Zhang Zidi
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Subprimes, signaux faibles et véridiction
Communication, 2018 The 2007 subprime mortgage crisis in the United began with a real estate crisis sparked by widespread defaulting on subprime mortgage loans. The author studies a key event from the initial stages of the crisis that took place in a “normal” economic ...
Christelle de Oliveira-Verger
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Subprime Crisis and Marx's Theory on Ground Rent
World Review of Political Economy, 2014 Most studies of the subprime crisis have taken into account the significance of the banks in general but not the specifically important role of mortgage loans including the crucial factor of private landed property. Marx's theory on ground rent serves as
Richard Corell, Ernst Herzog
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The supreme subprime myth: the role of bad loans in the 2007-2009 financial crisis
PSL Quarterly Review, 2012 Using simulations, we show that the probability of default and losses given default of subprime mortgage loans are small in comparison to their interest rates. The implication is that these loans are profitable for risk neutral efficient banks.
Alberto Niccoli, Francesco Marchionne
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Subprime Risk and Insurance with Regret
Discrete Dynamics in Nature and Society, 2010 This paper investigates some of the risk and insurance issues related to the subprime mortgage crisis. The discussion takes place in a discrete-time framework with a subprime investing bank being considered to be regret and risk averse before and during ...
M. A. Petersen +4 more
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Mortgage Guarantee Programs and the Subprime Crisis [PDF]
California Management Review, 2008 F a l l V o l . 5 1 , N o . 1 R E P R I N T S E R I E S California Management Review Mortgage Guarantee Programs and the Subprime Crisis D w i g h t M . J a f f e e J o h n M . Q u i g l e y © 2008 by The Regents of the University of California Copyrighted material.
Jaffee, Dwight M., Quigley, John M.
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Was the US subprime crisis the prime mover? The limits of the ‘critical urbanist’ interpretation of the UK financial crisis [PDF]
, 2013 The aim of this chapter is to challenge the argument popular among ‘critical urbanist’ writers that the subprime crisis in the US played a crucial and necessary role in the US and UK financial crisis. It will be argued that this view exaggerates the role
Chris Pickvance, Pickvance, Chris
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The Performance of Liquidity in the Subprime Mortgage Crisis [PDF]
New Political Economy, 2010 ‘Liquidity’ is highly significant to representations of the crisis that gripped financial markets from the summer of 2007. A wide-ranging ‘liquidity crisis’ is typically traced to the collapse of prices in markets for assets backed by or derived from the repayments of American subprime mortgagors, while public authorities are said to have responded by ‘
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