Leverage? What leverage? : a deep dive into the U.S. flow of funds in search of clues to the global crisis / prepared by Ashok Vir Bhatia and Tamim Bayoumi.
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...
Saved in:
| Online Access: | Electronic book from EBSCO |
|---|---|
| Main Author: | |
| Other Authors: | |
| Format: | eBook |
| Language: | English |
| Published: | [Washington, D.C.] : International Monetary Fund, Ã2012. |
| Series: | IMF working paper ;
WP/12/162. |
| Subjects: |