This Article explains the historic US housing bubble. From 1997 to 2006, nominal US
housing prices rose 188%.'By mid-2009, however, housing prices had fallen by 33% from …

How did problems in a relatively small portion of the home mortgage market trigger the most
severe financial crisis in the United States since the Great Depression? Several …

The undergoing financial turbulence has raised significant concerns over the role that credit
rating agencies (CRAs) played in the inception, magnification and expansion of the crisis. In …

The definitive account of the housing bubble that caused the Great Recession—and earned
Wall Street fantastic profits. The American housing bubble of the 2000s caused the worst …

The 2000–2006 housing market bubble conformed to a classic boom–bust scenario that
triggered the most serious and costly financial crisis since the Great Depression. The 2008 …

In this study, we explore how investors reconcile information on firms' social responsibility
with analysts' assessments of future firm risk in the pricing of long-term bonds. We ask …

This study reports the results of an experiment designed to provide empirical evidence
related to fair value opinion shopping. The experiment provides initial evidence that …

Local credit rating agencies are an important phenomenon both in emerging and high
income economies. There are over 200 local agencies around the world, which provide …

The financial crisis that started in 2007 exposed a number of flaws in the financial system.
Many of these flaws were associated with financial instruments that were issued by the …

This dissertation examines, at both the theoretical and empirical level, what structured
finance transactions are, the motivations behind them, their benefits, features and even their …