Theoretical Viewpoints of the U.S. Subprime Mortgage Crisis
Xue Hao-yang
Abstract
Xue Hao-yang
Abstract
The US subprime mortgage crisis which burst out in 2007,evolved rapidly upgrades,overspread to the entity economy and had a sharp shock on the world economy in a short time;it also had a bad influence on economic. This paper sorts and classifies comprehensively all the main research doctrine on causes of the subprime crisis for more than two years,and makes a pointed comment on these,in order to offer beneficial reference for formulating the policy,the economic crisis coping and the steady development of the economy.
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The US subprime mortgage crisis which burst out in 2007,evolved rapidly upgrades,overspread to the entity economy and had a sharp shock on the world economy in a short time;it also had a bad influence on economic. This paper sorts and classifies comprehensively all the main research doctrine on causes of the subprime crisis for more than two years,and makes a pointed comment on these,in order to offer beneficial reference for formulating the policy,the economic crisis coping and the steady development of the economy.
Key concepts: Subprime mortgage crisis, Subprime crisis, Viewpoints, Real economy, Financial crisis, Order (exchange), Economics, Financial system