Subprime borrowers, securitization and the transmission of business cycles [PDF]
, 2014 One of the roots of the recent global financial crisis has been seen in the design of subprime mortgage contract leading to high sensitivity of such type of loans to house price changes.
Grodecka, Anna
core
Causes of the Financial Crisis [PDF]
, 2009 [Excerpt] The current financial crisis began in August 2007, when financial stability replaced inflation as the Federal Reserve’s chief concern. The roots of the crisis go back much further, and there are various views on the fundamental causes.
Jickling, Mark
core +5 more sources
Disclosure’s Failure in the Subprime Mortgage Crisis [PDF]
, 2008 This symposium article examines how disclosure, the regulatory focus of the federal securities laws, has failed to achieve transparency in the sub-prime mortgage crisis and what this failure means for modern financial securities ...
Schwarcz, Steven L.
core +1 more source
Integration, decoupling and the global financial crisis: A global perspective [PDF]
The recent global recession requires policy makers to identify the relative importance of shock transmission mechanisms in each region and devise counter policy measures against future idiosyncratic shocks. In the last decade, world dynamics have changed
Kalirajan, Kaliappa +2 more
core +1 more source
Moral hazard and the financial crisis of 2007-9: An Explanation for why the subprime mortgage defaults and the housing market collapse produced a financial crisis that was more severe than any previous crashes (with exception of the Great Depression of 1929) [PDF]
This paper examines the financial crisis in 2007-9 that was more severe than previous crashes, including the dot-com crash of 2001 and the market crash of 1987 (with the exception of the Great Depression of 1929).
Ronald Jean Degen
core
Stages of the ongoing global financial crisis: Is there a wandering asset-price bubble? [PDF]
, 2008 This study identifies five distinctive stages of the current global financial crisis: the meltdown of the subprime mortgage market, spillovers into broader credit market, the liquidity crisis epitomized by the fallout of Northern Rock, Bear Stearns with ...
Orlowski, Lucjan T.
core
"Minsky and Economic Policy: A Minskyan Analysis of the Subprime Crisis" [PDF]
The paper uses Minsky’s financial instability hypothesis as an analytical framework for understanding the subprime mortgage crisis and for introducing adequate reforms to restore economic stability.
Luisa Fernandez
core
Subprime borrowers, securitization and the transmission of business cycles [PDF]
, 2013 One of the roots of the recent global financial crisis has been seen in the design of subprime mortgage contract leading to high sensitivity of such type of loans to house price changes.
Grodecka, Anna
core
Responsibility and Capitalism. A Phenomenological Way to Approach the Economic Crisis
Nordicum-Mediterraneum, 2013 The Western world is presently afflicted by a huge economic crisis, started in 2007 in the United States, with the collapse of the subprime mortgage market, and exploded in 2008 with the breakdown of Lehman Brothers[1].
Floriana Ferro
doaj
Die Phasen der weltweiten Finanzkrise: Gibt es eine „wandernde“ spekulative Blase? [PDF]
This study argues that the severity of the current global financial crisis is strongly influenced by changeable allocations of the global excess liquidity. This process is named a “wandering asset bubble”.
Lucjan Orlowski
core