The asset-backed securities markets, the crisis, and TALF

Credit performs the essential function of moving funds from the savers who want to lend to the investors and consumers who wish to borrow. Under ideal conditions, this process ensures that funds are invested by the most skilled and productive individuals, thus improving efficiency and stimulating growth, and that consumers can get funds when they need them the most to satisfy their consumption needs.

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Year of publication:	2011
Authors:	Agarwal, by Sumit ; Barrett, Jacqueline ; Nardi, Mariacristina De
Published in:	Profitwise. - Federal Reserve Bank of Chicago. - 2011, Apr, p. 8-18
Publisher:	Federal Reserve Bank of Chicago
Subject:	Asset-backed financing \| Mortgage-backed securities \| Mortgages

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010727588