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Contribution Details
Type | Journal Article |
Scope | Discipline-based scholarship |
Title | Financial globalisation and securitisation in mortgage markets |
Organization Unit | |
Authors |
|
Item Subtype | Original Work |
Refereed | Yes |
Status | Published in final form |
Language |
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Journal Title | Vox |
Publisher | Centre for Economic Policy Research |
Geographical Reach | international |
Page Range | online |
Date | 2009 |
Abstract Text | Mortgage-backed securities have played a major role in the financial crisis and aren’t very popular as a result. This column documents macroeconomic benefits of these instruments, showing that economies with more developed markets for securitised mortgage debt share more consumption risk with other economies. |
Free access at | Official URL |
Official URL | http://www.voxeu.com/index.php?q=node/3675 |
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