tailieunhanh - Lecture The economics of Money, Banking and Financial markets: Chapter 9 - Frederic S. Mishkin, Apostolos Serletis

Lecture The economics of Money, Banking and Financial markets: Chapter 9 Financial Crises and the Subprime Meltdown. After studying this chapter you should be able to discuss the factors that lead to financial crises; explain how increases in adverse selection and moral hazard cause financial crises; discuss the most recent financial crisis, the subprime financial crisis of 2007 2008, which led to a number of banking crises around the world and a decline in global economic activity. |

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