The Subprime Crisis

Lessons for Business Students

Business & Finance, Finance & Investing, Banks & Banking, Finance
Cover of the book The Subprime Crisis by Jaime Luque, World Scientific Publishing Company
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Jaime Luque ISBN: 9789813200050
Publisher: World Scientific Publishing Company Publication: February 16, 2017
Imprint: WSPC Language: English
Author: Jaime Luque
ISBN: 9789813200050
Publisher: World Scientific Publishing Company
Publication: February 16, 2017
Imprint: WSPC
Language: English

The first major global economic contraction of the 21st century, or the "Great Recession", as it is more commonly known, began in December of 2007, and would prove to be one of the most catastrophic economic events in postmodern history. The bursting of the American housing bubble and the subprime mortgage crisis that followed are widely attributed as being the primary causes for this economic downturn.

The content of this book presents an in-depth analysis of several of the leading causes of the subprime crisis, as well as the subsequent measures that were used to contain a widespread economic recession. It is the aim of this book to provide adequate information and tools for readers to gain insight on how we can prevent the same mistakes from happening again. This analysis also explores an interesting question when considering public policy; was the economic disaster, that ensued, caused by overzealous consumers who borrowed more than they could afford, or was it caused by institutional entities that gambled away the American economy?

Contents:

  • Preface

  • About the Editor

  • Overview of the Subprime Mortgage Crisis:

    • Understanding the Subprime Crisis
    • What Caused the Subprime Crisis?
    • Mortgage Credit Expansion
    • Household Consumption
    • Judicial Requirements for Foreclosures
    • Political Economy During the Bust
    • REITs
    • US Homeownership Rates
  • Foreclosures:

    • Estimates and Sources of Price Declines
    • Credit Experiences
    • Forced Sales and House Prices
    • Contagion in Housing Markets
    • Supply or Disamentity?
    • Post-foreclosure Experiences
    • Foreclosure Externalities
  • Government Intervention:

    • The Role of the Affordable Housing Goals
    • The Fed's MBS Mortgage Program
    • Supply of Mortgage Credit
    • The Home Affordable Modification Program
  • House Prices and Lending Standards:

    • Home Equity-Based Borrowing
    • Housing Prices During the Boom
    • Lending Standards
    • Lax Screening
  • Bibliography

  • Index

Readership: Undergraduate students in business schools. MBA students could also utilize this text as an introductory reading material to the history of the Great Recession.
Key Features:

  • Contains multiple choice questions and answers, alongside further reading
  • Written for students with minimal current affairs knowledge of the subprime crisis and the 2009 Great Recession
  • The answers to the multiple choice questions are also accompanied by explanations
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The first major global economic contraction of the 21st century, or the "Great Recession", as it is more commonly known, began in December of 2007, and would prove to be one of the most catastrophic economic events in postmodern history. The bursting of the American housing bubble and the subprime mortgage crisis that followed are widely attributed as being the primary causes for this economic downturn.

The content of this book presents an in-depth analysis of several of the leading causes of the subprime crisis, as well as the subsequent measures that were used to contain a widespread economic recession. It is the aim of this book to provide adequate information and tools for readers to gain insight on how we can prevent the same mistakes from happening again. This analysis also explores an interesting question when considering public policy; was the economic disaster, that ensued, caused by overzealous consumers who borrowed more than they could afford, or was it caused by institutional entities that gambled away the American economy?

Contents:

Readership: Undergraduate students in business schools. MBA students could also utilize this text as an introductory reading material to the history of the Great Recession.
Key Features:

More books from World Scientific Publishing Company

Cover of the book Probabilistic Methods in the Theory of Structures by Jaime Luque
Cover of the book p-Adic Aspects of Modular Forms by Jaime Luque
Cover of the book Synthetic Spin-Orbit Coupling in Cold Atoms by Jaime Luque
Cover of the book Gastrointestinal Malignancies by Jaime Luque
Cover of the book Recent Advances in Applied Nonlinear Dynamics with Numerical Analysis by Jaime Luque
Cover of the book Surgical Talk by Jaime Luque
Cover of the book Physics and Biology by Jaime Luque
Cover of the book Nonconventional Limit Theorems and Random Dynamics by Jaime Luque
Cover of the book Priorities and Pathways in Services Reform — Part I by Jaime Luque
Cover of the book Cremona Violins by Jaime Luque
Cover of the book Plasma Research at the Limit by Jaime Luque
Cover of the book Primary Health Care and Complementary and Integrative Medicine by Jaime Luque
Cover of the book CERN by Jaime Luque
Cover of the book Basic Physical Chemistry by Jaime Luque
Cover of the book Administrative Monopoly in China by Jaime Luque
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy