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The Subprime Crisis:Lessons for Business Students

Author

Listed:
  • Jaime Luque

    (University of Wisconsin-Madison, USA)

Abstract

The first major global economic contraction of the 21st century, or the "Great Recession", as it is more commonly known, began in December of 2007, and would prove to be one of the most catastrophic economic events in postmodern history. The bursting of the American housing bubble and the subprime mortgage crisis that followed are widely attributed as being the primary causes for this economic downturn.

Suggested Citation

  • Jaime Luque, 2017. "The Subprime Crisis:Lessons for Business Students," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 10278, December.
    • Handle: RePEc:wsi:wsbook:10278
    as

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    File URL: https://www.worldscientific.com/worldscibooks/10.1142/10278
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    More about this item

    Keywords

    Subprime Crisis; Great Recession; 2009 Recession; Mortgage; Financial Market; Preventing Recession; 2009 Crisis; Interest Rates;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G1 - Financial Economics - - General Financial Markets

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