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The macroeconomic benefits of mortgage-backed securities
The macroeconomic benefits of mortgage-backed securities
Mathias Hoffmann , Thomas Nitschka , 20 June 2009 Mortgage-backed securities have played a major role in the financial crisis and aren’t very popular as a result. This column documents macroeconomic benefits of these instruments, showing that economies with more developed markets for ...
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Economist's View — ... The macroeconomic benefits of mortgage-backed securities - voxeu.org The next global reserve currency - voxeu.org ...

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