Showing posts with label NBER. Show all posts
Showing posts with label NBER. Show all posts

Tuesday, September 23, 2008

THOROUGHLY understanding the crisis

Today I've received my regular research newsletter from NBER (National Bureau of Economic Research). Among the working papers I came accross a nice in-depth analysis of the subprime crisis, and the underlying products and system that can be blamed for the current crisis.

I have to warn all u keen and interested readers out there - the paper is a good 90 pages long :-P. Here it is:

http://papers.nber.org/papers/w14358 - The Panic of 2007 by Gary B. Gorton.