Evaluating Policies to Prevent another Crisis: An Economist's View
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https://www.nber.org/papers/w20100
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资源简介：
I consider four policies created to address the financial crisis: (1) the ability-to-repay requirement in mortgage underwriting; (2) reform of rating agency compensation, (3) risk retention in securitization, and (4) mandatory loan renegotiation. I show that according to standard models, policies (1
提供机构：
美国国家经济研究局
创建时间：
2014-05-01
