The contribution of wealth concentration to the subprime crisis: a quantitative estimation
The crisis that broke out in mid-2007 was caused by the fact that the collateralised debt obligation (CDO) market had grown to a size sufficient to wreak general havoc when it suddenly collapsed. Several authors have argued that economic inequality was important to the growth of this market. This pa...
- Autores:
-
Goda, Thomas
Lysandrou, Photis
- Tipo de recurso:
- Fecha de publicación:
- 2014
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- eng
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/7523
- Acceso en línea:
- http://hdl.handle.net/10784/7523
- Palabra clave:
- Wealth concentration
Income inequality
CDOs
Subprime crisis
Bond yields
- Rights
- License
- restrictedAccess