Český finanční a účetní časopis 2008(4):104-107 | DOI: 10.18267/j.cfuc.296
Financial Crises and Previous Lax Interest of Theorists
- Prof. Ing. Petr Marek, CSc. - profesor; Katedra financí a oceňování podniku, Fakulta financí a účetnictví, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3; <pema@vse.cz>.
The article disputes against analysis of R. W. Bostic and K. O. Lee concentrated on federal homeownership strategy for building among low- and moderate-income families in the U.S.A. Authors find out emergency which is coming from new and more sophisticated mortgages However, in conclusion, they built on support from Fannie Mae and Freddie Mac. Both these institutions were put under the conservatorship on September, 2008.
Keywords: Financial Crises; Mortgages; Households; Low- and Moderate-Income Families.
JEL classification: D10, G01, G21
Published: December 1, 2008 Show citation
References
- Bostic, R. W. - Lee, K. O. (2008): Mortgages, Risk, and Homeownership among Lowand Moderate-Income Families. American Economic Review, 2008, roč. 98, č. 2, s. 310314.
Go to original source... - USCB (2007): Current Population Survey 2007. Washington, D. C., United States Census Bureau, 2007.
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