Matches in SemOpenAlex for { <https://semopenalex.org/work/W4323786125> ?p ?o ?g. }
Showing items 1 to 66 of
66
with 100 items per page.
- W4323786125 endingPage "631" @default.
- W4323786125 startingPage "625" @default.
- W4323786125 abstract "After the dot-com bust, the U.S. experienced growth in the housing industry: oversupply of capital, low-interest rates, and deregulated financial system. Financial firms, led by banks, rode on a robust macroeconomic atmosphere. The freedom brought by financial deregulation was taken out of context among the firms in the financial system, resulting in the establishment and widespread use of collateralized debt obligations (CDOs) and mortgage-backed securities (MBS) (CDO); these were unconventional investments for the general populace. In retrospect, the U.S. government limited banks’ participation in private-labeled asset-backed securities to tame interest rates, liquidity, and credit risks only to be loosened the following years by Congress through amendments to the existing laws. Deregulation of the banking system encouraged banks and thrift banks to engage in real estate businesses, which paved the way for the rise of the subprime market. The subprime market grew alongside the prime market due to banks’ circumvention of borrowers' creditworthiness. The domino effect began from the failure of the subprime borrowers to repay. Vertically integrated banking giants felt the heavy blow of loan default, which caused their insolvency. Since then, the whole financial system has collapsed entirely. An increase in job losses, a rise in homelessness, business closures, and U.S. negative growth ensued. Through the TARP program, the Dodd-Frank Wall Street Reform and Consumer Protection Act, and quantitative easing." @default.
- W4323786125 created "2023-03-11" @default.
- W4323786125 creator A5032469771 @default.
- W4323786125 date "2022-12-31" @default.
- W4323786125 modified "2023-10-01" @default.
- W4323786125 title "Subprime Crisis: Cause, Effect and Response" @default.
- W4323786125 doi "https://doi.org/10.54691/bcpbm.v35i.3361" @default.
- W4323786125 hasPublicationYear "2022" @default.
- W4323786125 type Work @default.
- W4323786125 citedByCount "0" @default.
- W4323786125 crossrefType "journal-article" @default.
- W4323786125 hasAuthorship W4323786125A5032469771 @default.
- W4323786125 hasBestOaLocation W43237861251 @default.
- W4323786125 hasConcept C10138342 @default.
- W4323786125 hasConcept C120527767 @default.
- W4323786125 hasConcept C139719470 @default.
- W4323786125 hasConcept C144133560 @default.
- W4323786125 hasConcept C148901597 @default.
- W4323786125 hasConcept C162324750 @default.
- W4323786125 hasConcept C175025494 @default.
- W4323786125 hasConcept C183582576 @default.
- W4323786125 hasConcept C2777764128 @default.
- W4323786125 hasConcept C2777910564 @default.
- W4323786125 hasConcept C2778300220 @default.
- W4323786125 hasConcept C2781151444 @default.
- W4323786125 hasConcept C34447519 @default.
- W4323786125 hasConcept C4163816 @default.
- W4323786125 hasConcept C73283319 @default.
- W4323786125 hasConcept C78780426 @default.
- W4323786125 hasConcept C86537402 @default.
- W4323786125 hasConceptScore W4323786125C10138342 @default.
- W4323786125 hasConceptScore W4323786125C120527767 @default.
- W4323786125 hasConceptScore W4323786125C139719470 @default.
- W4323786125 hasConceptScore W4323786125C144133560 @default.
- W4323786125 hasConceptScore W4323786125C148901597 @default.
- W4323786125 hasConceptScore W4323786125C162324750 @default.
- W4323786125 hasConceptScore W4323786125C175025494 @default.
- W4323786125 hasConceptScore W4323786125C183582576 @default.
- W4323786125 hasConceptScore W4323786125C2777764128 @default.
- W4323786125 hasConceptScore W4323786125C2777910564 @default.
- W4323786125 hasConceptScore W4323786125C2778300220 @default.
- W4323786125 hasConceptScore W4323786125C2781151444 @default.
- W4323786125 hasConceptScore W4323786125C34447519 @default.
- W4323786125 hasConceptScore W4323786125C4163816 @default.
- W4323786125 hasConceptScore W4323786125C73283319 @default.
- W4323786125 hasConceptScore W4323786125C78780426 @default.
- W4323786125 hasConceptScore W4323786125C86537402 @default.
- W4323786125 hasLocation W43237861251 @default.
- W4323786125 hasOpenAccess W4323786125 @default.
- W4323786125 hasPrimaryLocation W43237861251 @default.
- W4323786125 hasRelatedWork W133596119 @default.
- W4323786125 hasRelatedWork W1593350349 @default.
- W4323786125 hasRelatedWork W2118529701 @default.
- W4323786125 hasRelatedWork W2260033259 @default.
- W4323786125 hasRelatedWork W2481235901 @default.
- W4323786125 hasRelatedWork W272821406 @default.
- W4323786125 hasRelatedWork W2965771532 @default.
- W4323786125 hasRelatedWork W3123339954 @default.
- W4323786125 hasRelatedWork W3142202258 @default.
- W4323786125 hasRelatedWork W2129174107 @default.
- W4323786125 hasVolume "35" @default.
- W4323786125 isParatext "false" @default.
- W4323786125 isRetracted "false" @default.
- W4323786125 workType "article" @default.