| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w20100 |
| 来源ID | Working Paper 20100 |
| Evaluating Policies to Prevent another Crisis: An Economist's View | |
| Paul S. Willen | |
| 发表日期 | 2014-05-08 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | 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)-(3) do not address the standard asymmetric information problems that afflict financial markets. Policy (4) could reduce the deadweight losses associated with asymmetric information but requires that policy makers allocate gains and losses. |
| 主题 | Microeconomics ; Welfare and Collective Choice ; Economics of Information ; Financial Economics ; Financial Institutions |
| URL | https://www.nber.org/papers/w20100 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577774 |
| 推荐引用方式 GB/T 7714 | Paul S. Willen. Evaluating Policies to Prevent another Crisis: An Economist's View. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Paul S. Willen]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Paul S. Willen]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Paul S. Willen]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
