Financial Crises and Previous Lax Interest of Theorists

Finanční krize a předchozí laxní zájem teoretiků

Petr Marek

Český finanční a účetní časopis, 2008, vol. 2008, issue 4, 104-107

Abstract: The article disputes against analysis of R. W. Bostic and K. O. Lee concentrated on federal homeownership strategy for building among low- and moderate-income families in the U.S.A. Authors find out emergency which is coming from new and more sophisticated mortgages However, in conclusion, they built on support from Fannie Mae and Freddie Mac. Both these institutions were put under the conservatorship on September, 2008.

Keywords: Financial Crises; Mortgages; Households; Low- and Moderate-Income Families; Finanční krize; Hypotéky; Domácnosti; Nízko a středně příjmová skupina obyvatelstva (search for similar items in EconPapers)
JEL-codes: D10 G01 G21 (search for similar items in EconPapers)
Date: 2008
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DOI: 10.18267/j.cfuc.296

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