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.
  • [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. *]2 This paper examines the sudden jump in spreads between the overnight and term inter-bank interest rates.