The 2007 Meltdown in Structured Securitization
The intensity of the crisis in financial markets has surprised nearly everyone. The authors search out the root causes of the crisis, distinguishing them from scapegoating explanations that have been used in policy circles to divert attention from the underlying breakdown of incentives. Incentive co...
Main Authors: | , , |
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Format: | Journal Article |
Published: |
World Bank
2012
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/4436 |