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THE ANATOMY OF THE SUBPRIME MORTGAGE BUBBLE AND COLLAPSE

E Ray Canterbery
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E Ray Canterbery: Florida State University, USA

Chapter 7 in The Global Great Recession, 2011, pp 139-160 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:THE CDOTHE BLACK-SHOLES MODEL AND THE ORIGIN OF DERIVATIVESTHE ROLE OF THE SUBPRIME MORTGAGETHE CREDIT DEFAULT SWAPTHE COLLAPSECOLLAPSES AROUND THE WORLD

Keywords: Great Depression; Keynes; New Deal; Post Keynesianism; Housing Bubble; Banking Crisis; Speculation; Derivatives (search for similar items in EconPapers)
Date: 2011
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