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Canadian Banks and the North American Housing Crisis

In: The Financial and Economic Crises

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  • James A. Brox

Abstract

The 2007 financial and economic crisis that began in the United States and quickly spread around the world differed from earlier crises in a number of significant ways. This book examines the causes of these events in the US, and their impacts on North America, Europe, Asia and Australia.

Suggested Citation

  • James A. Brox, 2010. "Canadian Banks and the North American Housing Crisis," Chapters, in: Benton E. Gup (ed.), The Financial and Economic Crises, chapter 3, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13642_3
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    References listed on IDEAS

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    1. Brox, James A., 2009. "Too Small to Fail: Canadian Banks, Regulation, and the North American Financial Crisis," The Journal of Economic Asymmetries, Elsevier, vol. 6(2), pages 31-46.
    2. Matthew J. Baker & Thomas J. Miceli & C.F. Sirmans, 2008. "An Economic Theory of Mortgage Redemption Laws," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 36(1), pages 31-45, March.
    3. Ewing, Bradley T. & Payne, James E. & Sowell, Clifford, 1999. "NAFTA and North American stock market linkages: an empirical note," The North American Journal of Economics and Finance, Elsevier, vol. 10(2), pages 443-451.
    4. Serletis, Apostolos & Krause, David, 1996. "Empirical evidence on the long-run neutrality hypothesis using low-frequency international data," Economics Letters, Elsevier, vol. 50(3), pages 323-327, March.
    5. Carr, Jack L. & Floyd, John E., 2002. "Real and monetary shocks to the Canadian dollar: Do Canada and the United States form an optimal currency area?," The North American Journal of Economics and Finance, Elsevier, vol. 13(1), pages 21-39, May.
    6. Mr. John Kiff, 2009. "Canadian Residential Mortgage Markets: Boring But Effective?," IMF Working Papers 2009/130, International Monetary Fund.
    7. Paul Mizen, 2008. "The credit crunch of 2007-2008: a discussion of the background, market reactions, and policy responses," Review, Federal Reserve Bank of St. Louis, vol. 90(Sep), pages 531-568.
    8. Murray, John & Schembri, Lawrence & St-Amant, Pierre, 2003. "Revisiting the case for flexible exchange rates in North America," The North American Journal of Economics and Finance, Elsevier, vol. 14(2), pages 207-240, August.
    9. Harris, Richard & Ragonetti, Doris, 1998. "Where Credit is Due: Residential Mortgage Finance in Canada, 1901 to 1954," The Journal of Real Estate Finance and Economics, Springer, vol. 16(2), pages 223-238, March.
    10. Brox, James A & Maclean, Wendy A, 1986. "The Financial Behaviour of Canadian Private Corporations and Government Enterprise: A Flow of Funds Analysis," Bulletin of Economic Research, Wiley Blackwell, vol. 38(1), pages 49-66, January.
    11. Mr. Vladimir Klyuev, 2008. "Show Me the Money: Access to Finance for Small Borrowers in Canada," IMF Working Papers 2008/022, International Monetary Fund.
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