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Explores what caused the housing and mortgage crisis and provides remedies to repair the damage to ensure fairness …"Explores what caused the housing and mortgage crisis and provides remedies to repair the damage to ensure fairness …
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"Backed by extensive study of mortgage loans made to low-income Americans over a ten-year period, argues that in the wake of the financial crisis of 2008-09, lenders need not shy away from the low-income as risks but institute equitable and sustainable homeownership policies that include...
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This paper gives an overview of the types of models available for analysing possible futures of the global economy. It then focuses on dynamic intertemporal general equilibrium models and describes how these models are used for both projections and scenario analysis. Some lessons from recent...
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In contemporary New Zealand, microeconomics is in the ascendant over macroeconomics, to such an extent that neither the Reserve Bank nor the Cabinet and Treasury appear to give much attention to shorter-run macroeconomic stabilization as a policy goal. This lecture examines why thoughtful New...
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