234 Wellington Street
Ontario, Ottawa K1A 0G9
Canada
Government of Canada - Bank of Canada
Securitization, financial crisis, asymmetric information, reputation, implicit recourse, market shutdowns, macro-prudential policy
adverse selection, Government Sponsored Enterprises, market liquidity, mortgage guarantees, pecuniary externality, Pigouvian subsidy
This is a CEPR Discussion Paper. CEPR charges a fee of $8.00 for this paper.
If you wish to purchase the right to make copies of this paper for distribution to others, please select the quantity.
Adverse Selection, Government Sponsored Enterprises, market liquidity, Mortgage guarantees, Pecuniary externality, Pigouvian subsidy
