the role of household and bank balance sheets in modeling economic cycles /
Steven D. Gjerstad, Chapman University, California, Vernon L. Smith, Chapman University, California
1403
xiii, 293 pages :
illustrations ;
24 cm
Includes bibliographical references and index
Economic crises, economic policy and economic analysis -- Goods and service markets vs. asset markets -- Asset performance : housing and the great recession -- The great depression -- The post-war recessions -- What may have triggered or sustained the housing bubble, 1997 -- 2006? -- The bubble bursts : subprime mortgages, derivatives and banking collapse -- Blindsided experts -- What might be done? -- Learning from foreign economic crises: consequences, responses and policies -- Summarizing: what have we learned?
0
Banks and banking-- Corrupt practices-- United States
Global Financial Crisis, 2008-2009
Housing-- Prices-- United States
Subprime mortgage loans-- Corrupt practices-- United States