Guidolin, Massimo; Rinaldi, Francesca - 2009
markets related to
5
the origination of asset-backed securities) shut down. Quite naturally, because the crisis originated in …) and consumer asset-backed securities (ABS) also widened dramatically.
Figure 2, panel B, visualizes the behavior of … the
originators of the asset-backed securities, but presumably also liquidity concerns related to the market break-
downs …