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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...
| Cote: | Libro Electrónico |
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| Format: | Électronique eBook |
| Langue: | Inglés |
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[Washington, D.C.] :
International Monetary Fund,
©2012.
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| Collection: | IMF working paper ;
WP/12/162. |
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| Accès en ligne: | Texto completo |