A Masterpiece from the Subprime Mortgage Crisis in America
2020
Subprime mortgage crisis is a phenomenon that has a major impact on the world economy. The crisis that
began in the United States has infected many other economically related countries with the United States.
This study tries to parse how the economic conditions of the United States in the era before and after the
crisis. From the results of the descriptive statistical analysis test on the economic conditions of the United
States in the period 1998 - 2017, it was found that in the variables of inflation, investment, GDP, and
interest rates there were negative differences between before and after the crisis, even though statistically
did not show a significant effect, except for interest rate variable. This phenomenon shows that monetary
policy oriented to controlling interest has the potential to trigger systemic risks to the economy.
Keywords:
- Correction
- Source
- Cite
- Save
- Machine Reading By IdeaReader
0
References
0
Citations
NaN
KQI