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...

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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

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