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The effects of the financial crisis in the UK (Skutki kryzysu finansowego w Wielkiej Brytanii )

Author

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  • Tomasz Lechowicz

    (Uniwersytet Ekonomiczny w Krakowie)

Abstract

The ongoing from 1995 to 2007 housing boom had an impact on the policy of banks for lending. Banks increased lending and reduced the reserve ratio. Have become more willing to lend mortgage (UK House Prices). It was a very dangerous situation, because in the event of a crisis, could seriously jeopardize the financial liquidity of the financial market institutions on the English market.

Suggested Citation

  • Tomasz Lechowicz, 2013. "The effects of the financial crisis in the UK (Skutki kryzysu finansowego w Wielkiej Brytanii )," Research Reports, University of Warsaw, Faculty of Management, vol. 1(16), pages 91-102.
    • Handle: RePEc:sgm:resrep:v:1:i:16:y:2013:p:91-102
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    File URL: http://www.sim.wz.uw.edu.pl/sites/default/files/artykuly/t._lechowicz_0.pdf
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    1. repec:bla:jfinan:v:58:y:2003:i:3:p:1113-1138 is not listed on IDEAS
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    More about this item

    Keywords

    crisis; bank; credit; UK; macroeconomics;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • Z18 - Other Special Topics - - Cultural Economics - - - Public Policy
    • Z19 - Other Special Topics - - Cultural Economics - - - Other

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