Housing and the Economy Series:
The Credit Rating Crisis
Thursday, March 12th
12:00pm
Taubman Building, Room 301
Effi Benmelech, Assistant Professor of Economics, Harvard University
This paper studies the "credit rating crisis" of 2007-2008, and the credit rating practices used in the creation of exotic (some would argue toxic) new financial products which are believed by many to be one of the causes of the current financial crises.
This is the second of a series of four events on housing and the economy.
Upcoming events:
3/17: Jenny Schuetz, Assistant Professor of Economics, City College of New York
4/8: Denise DiPasquale, President and Founder, City Research
Sponsored by HKS’s Taubman Center for State and Local Government
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