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Price Stability, Inflation and Central Banks
C/E/200. Explain sub-prime mortgage crises using ASAD and ISLM models
- WORDS:
- 2000
- DATE:
- 2007
- PRICE:
- 29.99 GBP
The paper uses ASAD and ISLM models to explain the sub-prime US mortgage crises. Analysis is conducted of the affects on the exchange rates, balance of payments, investor confidence, Phillips curve, Okun's law, inflation and unemployment. The conclusion discusses the effect of the crises on the Federal Reserve's reputation.
KEYWORDS: exchange rates, balance of payments, investor confidence, Phillips curve, Okuns law,
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