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« Beware of the Slosh | Main | CDS risk and the wobbly monolines »

Two excellent papers on the subprime crisis

How did it happen? Read "Understanding the Securitization of Subprime Mortgage Credit" (81pp, pdf) by two economists from the NY Fed.

Is it different from other crises? No, only more severe, according to two NBER economists in "Is the US Subprime Crisis So Different?" (13pp, pdf)

Posted by Alexander Campbell on January 14, 2008 5:53 PM |

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