Institutional and financial innovations in the U.S. housing finance system

Vol. 29 No. 3 (2009)

Jul-Sep / 2009
Published July 1, 2009
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Cagnin, Rafael Fagundes. 2009. “Institutional and Financial Innovations in the U.S. Housing Finance System”. Brazilian Journal of Political Economy 29 (3):256-73. https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/498.

Institutional and financial innovations in the U.S. housing finance system

Rafael Fagundes Cagnin
Economista, mestre em Teoria Econômica pela Universidade Estadual de Campinas com apoio do CNPq, doutorando em Economia na Université Paris XIII/Nord com apoio do Programa Alßan
Brazilian Journal of Political Economy, Vol. 29 No. 3 (2009), Jul-Sep / 2009, Pages 256-273

Abstract

 This article has the gold of summarize the institutional modifications of the US housing finance system between the 60´s and the end of the 90´s. Those changes narrowed the bonds between this segment of the credit market and the securitized financial markets, encouraging the foundation and diffusion of financial innovations that are in the core of the current financial crises.

JEL Classification: G1; G21; N22.


Keywords: housing finance financial innovations United States