Saturday, October 17, 2009

Myths About The Subprime Mortgage Crisis

Unfortunately, many of the most popular explanations that have emerged for the subprime crisis are, to a large extent, myths. On close inspection, the explanations offered are not supported by empirical research (Demyanyk and Van Hemert 2008; Demyanyk 2009a, 2009b).
From "Subprime mortgages: Myths and reality" by Kent Cherny and Yuliya Demyanyk, 17 October 2009. Read the complete article here.

No comments:

Post a Comment