Moral Hazard and Mispriced Systemic Risk in the Lead-Up to the 2007 Subprime Mortgage Crisis in the United States [PDF]
This is the final version of the article. It first appeared from Illinois Wesleyan University via http://digitalcommons.iwu.edu/uer/vol12/iss1/17The 2007 subprime crisis was caused by high demand for subprime mortgage products underpinned by the ...
Rusinov, Georgi
core +2 more sources
How Does the Global Economy Crisis Influence in Managing Investment in Indonesia
July 2007 is the beginning of the world’s subprime mortgage crisis. Since then, the world’s liquidity crisis occurred and never found any solution until now. The liquidity crisis began to spread from developed countries to poor countries, developing
Enggal Sriwardiningsih
doaj +1 more source
Taking Stock: Elite Studies and Social Change
ABSTRACT This article provides a systematic synthesis of contemporary elite sociology through the analytical lens of change and stability. We distinguish between two types of change: change within elites, referring to transformations in elite composition, circulation, or internal characteristics; and change by elites, designating processes whereby ...
Lena Ajdacic +13 more
wiley +1 more source
Monetary Policy, Investor Sentiment and Stock Price Bubble: Evidence From China
ABSTRACT The empirical results indicate that an increase in interest rates may stimulate a significant and persistent stock price bubble, which is consistent with rational asset price bubble theory. This finding suggests that central banks should implement anti‐turbulent monetary policy with caution, since inappropriate tightening may unintentionally ...
Jiahao Gong +3 more
wiley +1 more source
How Does the NSFR Regulatory Constraint Affect Profitability and Lending? Evidence From EU Banks
ABSTRACT This paper analyzes the relationship between long‐term liquidity regulatory constraints, profitability, and lending activities in the EU banking sector. In particular, we examine how Net Stable Funding Ratio (NSFR) liquidity requirements impact the profitability and the core banking activities of 187 banks. Our findings reveal that higher NSFR
Paolo Agnese +3 more
wiley +1 more source
The Great Depression and the Great Recession: A Comparative Analysis of their Analogies [PDF]
The decades preceding the Great Depression and the U.S. subprime mortgage crisis have close similarities. Both decades were characterized by rapid growth without major contractions, by an increase in liquidity, a lack of inflation, and a generalized ...
Cristina Peicuti
doaj
Financial structure, cycle, and instability
The subprime loan mortgage crisis has revived scholarly interest in Minsky’s financial instability hypothesis. The related mathematical models present two types of Minskian financial structures.
Kenshiro Ninomiya
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Could the subprime crisis have been predicted? A mortgage risk modeling approach [PDF]
The abnormally high mortgage default rates that became apparent in early 2007 were not foreseen in June 2005, when mortgage production reached its peak.
Constantinou, Nick, Utrilla, Jose Molina
core
Reputation and Asset Prices: Evidence From Trump Real Estate
ABSTRACT We analyze the impact of brand reputation on asset prices by exploiting the prominence of Donald Trump in Manhattan real estate. Our quasi‐experiment identifies a 14.5% discount to condominiums in Trump‐branded buildings after controversies surrounding Trump's presidential candidacy began in June 2015 up to 2022.
Marlene Koch, Simon Stehle, Rémi Vivès
wiley +1 more source
SPILLOVER EFFECTS OF THE SUB-PRIME MORTGAGE CRISIS TO THE ASIAN STOCK MARKETS
This paper aims to analyze the effects of the sub-prime mortgage crisis on several Asian stock markets. An Exponential Generalized Autoregressive Conditional Heteroscedasticity (EGARCH) model is employed to provide an empirical evidence of the direct ...
Esta Lestari
doaj +9 more sources

