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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Bayoumi, Tamim
Rannpháirtithe: Bhatia, Ashok
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2012.
Sraith:IMF Working Papers; Working Paper ; No. 2012/162
Rochtain ar líne:Full text available on IMF