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@inproceedings{833572,
author = {Schweigl, Johan},
address = {Brno},
booktitle = {COFOLA 2009: Key Points and Ideas},
keywords = {Economic Downturn; Community Reinvestment Act; Freddie Mac; Fannie Mae; Equal Credit Opportunity Act; Mortgage-underwritting Standards; Homeownership Rate; Financial Instruments; Minimum Wage Laws},
language = {eng},
location = {Brno},
isbn = {978-80-210-4855-3},
pages = {"nestránkováno"},
publisher = {Masarykova Univerzita},
title = {Financial Crisis or Healing Process?},
year = {2009}
}
TY - JOUR
ID - 833572
AU - Schweigl, Johan
PY - 2009
TI - Financial Crisis or Healing Process?
PB - Masarykova Univerzita
CY - Brno
SN - 9788021048553
KW - Economic Downturn
KW - Community Reinvestment Act
KW - Freddie Mac
KW - Fannie Mae
KW - Equal Credit Opportunity Act
KW - Mortgage-underwritting Standards
KW - Homeownership Rate
KW - Financial Instruments
KW - Minimum Wage Laws
N2 - Are we really facing financial crisis or is the current economic downturn just a natural healing process that is to help economy to recover from unsuitable interference? The author of this article acquaints reader especially with an approach of Professor Liebowitz who claims that the governmental affirmative policies were at the roots of the crisis. Should government set artificial requirements on mortgage-underwriting standards? Further, the author ponders over some of the consequences that some similar so-called protective regulations might bring with them.
ER -
SCHWEIGL, Johan. Financial Crisis or Healing Process? In \textit{COFOLA 2009: Key Points and Ideas}. Brno: Masarykova Univerzita, 2009, s.~''nestránkováno'', 2 s. ISBN~978-80-210-4855-3.
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