Brett Hutley's Blog

Papers on the “Credit Crunch”

Some interesting papers have come out on the "Credit Crunch".

• Leveraged Losses: Lessons from the Mortgage Market MeltdownThis paper provides a good overview of the financial market turmoil occurring since August 2007, and discusses how the crisis might impact other areas of the economy.
• A Black Swan in the Money Market
  This paper examines the sudden jump in spreads between the overnight and term inter-bank interest rates.

Related posts:

1. Seminal Papers on Finance
2. Financial Turmoil
3. How the Market Cap of Financial Firms has changed
4. Financial models need more complexity?
5. Using credit cards online