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Finance / Structured finance / Financial markets / Fixed income securities / Liquidity crisis / Securitization / Liquidity risk / Markus Brunnermeier / Shadow banking system / Economics / Financial economics / United States housing bubble


By DAVID ADLER Economists known as the "liquidity movement" predicted the financial crisis. Now they say we strangle securitizations at our own peril. BEFORE THE CREDIT MARKETS seized up, before AIG nearly collapsed and
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Document Date: 2009-12-27 05:24:35


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New York / Washington / /

Company

AIG / /

Country

Columbia / /

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Person Communication and Meetings / /

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Princeton University / Columbia University / New York University / University of Pennsylvania's Wharton School / Yale University / /

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behavioral finance / little-known / finance / analysis software / shadow banking system / /

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Columbia University / New York University / International Monetary Fund / Princeton University / New York Fed / Massachusetts Institute of Technology / New York Federal Reserve / Yale University / Stanford University's Graduate School / Federal Reserve Bank of New York / LIQUIDITY MOVEMENT / Manhattan Project / University of Chicago / the University of Pennsylvania's Wharton School / /

Person

John Geanakoplos / Lasse Pedersen / Hyun Shin / Bengt Holmstrom / Olivier Blanchard / Luigi Zingales / Markus Brunnermeier / Matthew Furman / Darrell Duffie / Gary Gorton / Richard Herring / Martin Oehmke / DAVID ADLER / Mark Gertler / Timothy Geithner / Tobias Adrian / /

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economist / Treasury Secretary / president / author / finance professor / liquidity economist / director of research / economics professor / /

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Pennsylvania / Massachusetts / /

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Stanford University / /

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