Similar Search Results

Regulatory reform in the wake of the financial crisis of 2007 - 2008

Lo, Andrew W. - In: Journal of financial economic policy 1 (2009) 1, pp. 4-43

Persistent link: https://www.econbiz.de/10003908967

Reading about the financial crisis : a twenty-one-book review

Lo, Andrew W. - In: Journal of economic literature 50 (2012) 1, pp. 151-178

Persistent link: https://www.econbiz.de/10009529712

Moore's law vs. Murphy's law in the financial system : who's winning?

Lo, Andrew W. - In: Journal of investment management : JOIM 15 (2017) 1, pp. 17-38

Persistent link: https://www.econbiz.de/10011700574

Systemic risk and the refinancing ratchet effect

Khandani, Amir E.; Lo, Andrew W.; Merton, Robert C. - 2009

Persistent link: https://www.econbiz.de/10003886384

Systemic risk and the refinancing ratchet effect

Khandani, Amir E.; Lo, Andrew W.; Merton, Robert C. - 2009 - This draft: September 13, 2009

Persistent link: https://www.econbiz.de/10003886469

Systemic risk and the refinancing ratchet effect

Khandani, Amir E.; Lo, Andrew W.; Merton, Robert C. - 2009 - This draft: September 13, 2009

The confluence of three trends in the U.S. residential housing market - rising home prices, declining interest rates, and near-frictionless refinancing opportunities - led to vastly increased systemic risk in the financial system. Individually, each of these trends is benign, but when they occur...