The Crisis of 2007: The Same Old Story, Only the Players Have Changed

Michael D. Bordo
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Michael D. Bordo: Rutgers University and National Bureau of Economic Research, USA

Chapter 4 in Globalization and Systemic Risk, 2009, pp 39-50 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:The CrisisA historical perspectiveDescriptive Evidence: The Credit CycleDescriptive Evidence: The Housing MarketThe Nonbank Financial Sector, Financial Innovation, and Financial CrisesInternational SpilloversPolicy LessonsReferences

Keywords: Globalization; Banking; Financial Markets; Systemic Risk; Financial Crisis; Contagion (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (3)

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