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The Academic Analysis of the 2008 Financial Crisis: Round 1

Matthew Spiegel

Yale University

Review of Financial Studies 2011

Academics responded to the challenges posed by the 2008 financial crisis with a flurry of studies. This collection of articles is just the academic community's first look into it. The articles begin with an examination at the last national housing price crash: the great depression of the 1930s. This is followed by articles looking at the current mortgage market and how it behaved. Did modern innovations reflect or add to the downturn? The next set of papers examines how non-financial firms were impacted by the crash. To what degree did credit worthy firms nevertheless find themselves without access to capital? The papers then end with a look into how the banking sector itself fared throughout this period.

DOI
10.1093/rfs/hhr040
Volume
24 (6)
Pages
1773-1781
Language
en
Export
BibTeX
Sources
openalex crossref