美联储次贷危机内部报告

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1、美联储次贷危机内部报告FEDERALRESERVEBANKOFST.LOUISSUPERVISORYPOLICYANALYSISWORKINGPAPERWorkingPaper2007-05UnderstandingtheSubprimeMortgageCrisisYuliyaDemyanykEconomistFederalReserveBankofSt.LouisOttoVanHemertAssistantProfessorNewYorkUniversityThisdraft:August2008Theviewsexpressedinthi

2、spaperarethoseoftheauthor(s),notnecessarilythoseoftheFederalReserveBankofSt.LouisortheFederalReserveSystem.美联储次贷危机内部报告FEDERALRESERVEBANKOFST.LOUISSUPERVISORYPOLICYANALYSISWORKINGPAPERWorkingPaper2007-05UnderstandingtheSubprimeMortgageCrisisYuliyaDemyanykEconomistFederalRese

3、rveBankofSt.LouisOttoVanHemertAssistantProfessorNewYorkUniversityThisdraft:August2008Theviewsexpressedinthispaperarethoseoftheauthor(s),notnecessarilythoseoftheFederalReserveBankofSt.LouisortheFederalReserveSystem.美联储次贷危机内部报告FEDERALRESERVEBANKOFST.LOUISSUPERVISORYPOLICYANAL

4、YSISWORKINGPAPERWorkingPaper2007-05UnderstandingtheSubprimeMortgageCrisisYuliyaDemyanykEconomistFederalReserveBankofSt.LouisOttoVanHemertAssistantProfessorNewYorkUniversityThisdraft:August2008Theviewsexpressedinthispaperarethoseoftheauthor(s),notnecessarilythoseoftheFederal

5、ReserveBankofSt.LouisortheFederalReserveSystem.美联储次贷危机内部报告FEDERALRESERVEBANKOFST.LOUISSUPERVISORYPOLICYANALYSISWORKINGPAPERWorkingPaper2007-05UnderstandingtheSubprimeMortgageCrisisYuliyaDemyanykEconomistFederalReserveBankofSt.LouisOttoVanHemertAssistantProfessorNewYorkUnive

6、rsityThisdraft:August2008Theviewsexpressedinthispaperarethoseoftheauthor(s),notnecessarilythoseoftheFederalReserveBankofSt.LouisortheFederalReserveSystem.美联储次贷危机内部报告FEDERALRESERVEBANKOFST.LOUISSUPERVISORYPOLICYANALYSISWORKINGPAPERWorkingPaper2007-05UnderstandingtheSubprimeM

7、ortgageCrisisYuliyaDemyanykEconomistFederalReserveBankofSt.LouisOttoVanHemertAssistantProfessorNewYorkUniversityThisdraft:August2008Theviewsexpressedinthispaperarethoseoftheauthor(s),notnecessarilythoseoftheFederalReserveBankofSt.LouisortheFederalReserveSystem.美联储次贷危机内部报告FE

8、DERALRESERVEBANKOFST.LOUISSUPERVISORYPOLICYANALYSISWORKINGPAPERWorkingPaper2007-05