Financial Crisis as a Result of Risk Management Failure | Financial Crisis as a Result of Risk Management Failure

Stepan Minarik

ISBN 10: 3844304576 / ISBN 13: 9783844304572

Published by LAP LAMBERT Academic Publishing, 2011

About this Item

Financial Crisis as a Result of Risk Management Failure | Financial Crisis as a Result of Risk Management Failure | Stepan Minarik | Taschenbuch | 84 S. | Englisch | 2011 | LAP LAMBERT Academic Publishing | EAN 9783844304572 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu Print on Demand.

Seller Inventory # 107089621

Bibliographic Details

• Title: Financial Crisis as a Result of Risk Management Failure | Financial Crisis as a Result of Risk Management Failure
• Publisher: LAP LAMBERT Academic Publishing
• Publication Date: 2011
• Language: English
• ISBN 10: 3844304576
• ISBN 13: 9783844304572
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 220W x 150H x 6D millimeters 220 millimeters width by 150 millimeters height by 6 millimeters depth
• Weight: 143 grams
• Seller catalogs:
  • Bücher

About this title

Synopsis

In this thesis, we examined time period from year 1993 to 2008 concerning real estate market in USA and coherent risk management decisions and tools used by US government and private mortgage institutions. After qualitative analysis of information resources (financial data, official documents and statements, economic researches and comments), we tested hypothesis of underestimation of real estate price bubble in years 2000 to 2007 by mortgage agencies and US stock market. The tool we used was linear regression (ordinary least squares method) to examine pricing of mortgage-backed securities by mortgage agencies and pricing of mortgage bank Fannie Mae stocks by investors.

About the Author

Stepan Minarik is a former student of Institute of Economic Studies on Charles University in Prague.