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How we got here : a slightly irreverent history of technology and markets

Kessler, Andy - 2005 - 1. Collins pbk. ed.

Persistent link: https://www.econbiz.de/10002658848

Finance research letters

Amsterdam [u.a.] : Elsevier - 1.2004 -

Persistent link: https://www.econbiz.de/10002658874

Neo-liberal finance and third world (mal)development

Grabel, Ilene - In: Heterodox macroeconomics : Keynes, Marx and globalization, (pp. 250-260). 2009

Persistent link: https://www.econbiz.de/10003865966

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...