Results 11 to 20 of about 1,392,223 (224)
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
wiley +1 more source
SUBPRIME MORTGAGE CRISIS IN THE UNITED STATES IN 2007–2008: CAUSES AND CONSEQUENCES (PART I)
Ekonomika, 2015 The main purpose of this article is to determine which factors and how contributed to the subprime mortgage crisis in the United States in 2007–2008, what their causal links and effects on the markets and the whole economy were, and to assess what ...
Vaidotas Pajarskas, Aldona Jočienė
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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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Journal of Indonesian Economy and Business, 2022 Introduction/Main Objectives: This study investigates the relationships between equity markets during the Asian financial crisis and the subprime mortgage crisis in Asia-Pacific.
Hayun Kusumah +3 more
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Real Effects of the Subprime Mortgage Crisis [PDF]
IMF Working Papers, 2008 We develop a methodology to study how the subprime crisis spills over to the real economy. Does it manifest itself primarily through reducing consumer demand or through tightening liquidity constraint on non-financial firms? Since most non-financial firms have much larger cash holding than before, they appear unlikely to face significant liquidity ...
Hui Tong, Shang-Jin Wei
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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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