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Financial Crisis As a Result of Risk Management Failure Stepan Minarik
Financial Crisis As a Result of Risk Management Failure
Stepan Minarik
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.
| Media | Books Paperback Book (Book with soft cover and glued back) |
| Released | February 18, 2011 |
| ISBN13 | 9783844304572 |
| Publishers | LAP LAMBERT Academic Publishing |
| Pages | 84 |
| Dimensions | 226 × 5 × 150 mm · 143 g |
| Language | German |
See all of Stepan Minarik ( e.g. Paperback Book )