Leverage? : What Leverage? A Deep Dive into the U.S. Flow of Funds in Search of Clues to the Global Crisis /

This paper questions the view that leverage should have forewarned us of the global financial crisis of 2007-09, pointing to several gearing indicators that were neither useful portents of the onset of the crisis nor of its ferocity. Instead it shows, first, that the use of ill-suited collateral in...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Bayoumi, Tamim
مؤلفون آخرون: Bhatia, Ashok
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2012.
سلاسل:IMF Working Papers; Working Paper ; No. 2012/162
الوصول للمادة أونلاين:Full text available on IMF