EconStor >
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin >
DIW Economic Bulletin >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/57709
  
Title:Securitizations are dead: Long live securitizations? PDF Logo
Authors:Erber, Georg
Issue Date:2011
Citation:[Journal:] DIW Economic Bulletin [ISSN:] 2192-7219 [Volume:] 1 [Year:] 2011 [Issue:] 6 [Pages:] 3-11
Abstract:After the financial markets slumped worldwide in 2008, securitizations were seen as a major cause of the conflagration. The securitization market dried up because this financial instrument was no longer trusted. At the time, no one thought securitizations had any future as a financial innovation. However, just three years after the financial meltdown, the securitization market in the US has made a recovery, despite its continued systemic risks. There is still no unified regulatory framework nor binding transparency. Hardly anything has been learnt from the financial crisis of 2008.
Subjects:securitization
financial market crisis
ratings
JEL:G21
G24
G28
Document Type:Article
Appears in Collections:Publikationen von Forscherinnen und Forschern des DIW
DIW Economic Bulletin

Files in This Item:
File Description SizeFormat
684939045.pdf177.83 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/57709

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.