Showing 1 - 10 of 3,345
Persistent link: https://www.econbiz.de/10009305581
Persistent link: https://www.econbiz.de/10003853355
of recent U.S. house price appreciation and subsequent mortgage defaults. We identify the effect of shifts in the supply … of mortgage credit by exploiting within-county variation across zip codes that differed in latent demand for mortgages in … which we refer to as "disintermediation." The increase in disintermediation-driven mortgage supply to high latent demand zip …
Persistent link: https://www.econbiz.de/10003693338
Persistent link: https://www.econbiz.de/10011305365
Persistent link: https://www.econbiz.de/10003761174
"We study the liquidity demand of large settlement banks in the UK and its effect on the Sterling Money Markets before and during the sub-prime crisis of 2007-08. Liquidity holdings of large settlement banks experienced on average a 30% increase in the period immediately following 9th August,...
Persistent link: https://www.econbiz.de/10008666981
Persistent link: https://www.econbiz.de/10003893526
Persistent link: https://www.econbiz.de/10010229602
"This paper examines what transformed a significant, but relatively mild, financial disruption into a full-fledged financial crisis. It discusses why, although the Lehman Brothers bankruptcy was a key trigger for the global financial crisis, three other events were at least as important: the AIG...
Persistent link: https://www.econbiz.de/10008780452
Persistent link: https://www.econbiz.de/10003799087