A Fistful of Dollars : Lobbying and the Financial Crisis /

Using detailed information on lobbying and mortgage lending activities, we find that lenders lobbying more on issues related to mortgage lending (i) had higher loan-to-income ratios, (ii) securitized more intensively, and (iii) had faster growing portfolios. Ex-post, delinquency rates are higher in...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Igan, Deniz
Weitere Verfasser: Mishra, Prachi, Tressel, Thierry
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2009.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2009/287
Online Zugang:Full text available on IMF