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Crisis and Innovation in the Housing Economy: A Tale of Three Markets

Michael Haliassos

in Financial Innovation: Too Much or Too Little?

Published in print:
2013
Published Online:
January 2015
ISBN:
9780262018296
eISBN:
9780262305495
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262018296.003.0004
Subject:
Economics and Finance, Financial Economics

It is generally agreed that the crises of the mid-2000s were triggered, in part, by the failures of financial innovation in the housing economy. In relation to the securitisation of mortgages, and ... More


Towards asset-based welfare states

Stuart Lowe

in The Housing Debate

Published in print:
2011
Published Online:
May 2012
ISBN:
9781847422736
eISBN:
9781447305514
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781847422736.003.0008
Subject:
Sociology, Urban and Rural Studies

In the UK, the Beveridge-inspired welfare state began to break down in the 1970s under the impact of globalization and was partially replaced with a ‘competition state’, or at least a model that ... More


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