The asset-backed securities markets, the crisis and TALF

Sumit Agarwal, Jacqueline Barrett, Crystal Cun and Mariacristina De Nardi

Economic Perspectives, 2010, vol. 34, issue Q IV, 101-115

Abstract: The authors explain the role of asset-backed securities markets in generating credit and liquidity and how this role was disrupted during the financial crisis. They discuss the implementation of the Term Asset-Backed Securities Loan Facility (TALF) and argue that this program helped reestablish the ABS markets and the credit supply. and the reversion to a stable fiscal regime.

Keywords: Financial crises; Securities; Asset-backed financing (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (13)

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Journal Article: The asset-backed securities markets, the crisis, and TALF (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedhep:y:2010:i:qiv:p:101-115:n:v.34no.4

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