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...

Full description

Bibliographic Details
Main Authors: Caprio, Gerard, Jr., Demirgüç-Kunt, Asli, Kane, Edward J.
Format: Journal Article
Published: World Bank 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4436