Policy insights

Policy Insights

Policy Insight 32: Incentive roots of the securitisation crisis and its early mismanagement

A new CEPR Policy Insight attributes the ongoing financial crisis to the economic and political difficulties of monitoring and controlling the production and distribution of safety-net subsidies.

Publication file

PDF document / 228.17 KB

Download
Citation

Kane, E (2009), Policy Insight 32: Incentive roots of the securitisation crisis and its early mismanagement, CEPR Policy Insight No 32, CEPR Press, Paris & London. https://cepr.org/publications/policy-insight-32-incentive-roots-securitisation-crisis-and-its-early-mismanagement