Munich Personal RePEc Archive

Hypotekarna a financna kriza 2008: Priciny, opatrenia, dosledky

Grancay, Martin (2008): Hypotekarna a financna kriza 2008: Priciny, opatrenia, dosledky.

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Abstract

The 2008 financial crisis has its origins in the US real estate market. By means of purchases of US mortgage-backed securities it spread to the portfolios of financial companies everywhere in the world and it is making its way to the real economy. The measures to be taken include cutting interest rates, government loans to the most affected financial institutions and purchase of troubled assets. As a result of the crisis, we anticipate substantial changes to the mechanisms operating the world financial system, as well as government interventions in market.

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