Banking, complex securities, and the credit crisis

Economic and Political Weekly

Volumn 44, Issue 13, 2009, Pages 137-143

  Semmler, Willi ^a   Bernard, Lucas ^b  

^a NEW SCHOOL FOR SOCIAL RESEARCH   (United States)

^b LONG ISLAND UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84874181139     PISSN: 00129976     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (11)

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2. Campbell, J and R Shiller (1988): "Stock Prices, Earnings and Expected Dividends", Journal of Finance, American Finance Association, Vol 43(3) pp 661-76, July
3. Chacko, G, A Sjöman, H Motohashi and V Dessain (2006): Credit Derivatives: A Primer on Credit Risk, Modelling, and Instruments, Upper Saddle River (New Jersey: Wharton School Publishing)
4. Finicelli, A (2007): "House Price Developments and Fundamentals in the United States", Bank of Italy Occasional Paper No 7
5. Grüne, L, W Semmler and L Bernard (2007-08): "Firm Value, Diversified Capital Assets and Credit Risk: Towards a Theory of Default Correlation", Journal of Credit Risk, 3(4), Winter
6. Hudson, N (2006): "The New Road to Serfdom", Harpers Magazine, May
7. Keynes, J M (1936): The General Theory of Employment, Interest and Money (London: Macmillan)
8. Merton, R C (1974): "On the Pricing of Corporate Debt: The Risk Structure of Interest Rates", Journal of Finance, 2: 449-70
9. Schönbucher, P (2003): Credit Derivatives Pricing Models (West Sussex, United Kingdom: John Wiley & Sons)
10. Shiller, R (2007): "Low Interest Rates and High Asset Prices: An Interpretation in Terms of Changing Popular Models", Discussion Paper 1632, Coles Foundation for Research in Economics, Yale University
11. Tavakoli, J (2003): Collateralised Debt Obligations and Structured Finance (West Sussex, United Kingdom: John Wiley & Sons).