Mazumder, M. Imtiaz; Ahmad, Nazneen - In: Studies in Economics and Finance 27 (2010) June, pp. 110-134
Purpose – The purpose of this paper is to shed light on the causes of the 2007-2009 mortgage crisis, liquidity crisis, stock market volatility in the USA and their spillover effects on the global economy. Design/methodology/approach – The paper critically reviews the 2007-2009 financial...