Advances in Economics, Management and Political Sciences

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Proceedings of the 3rd International Conference on Business and Policy Studies

Series Vol. 79 , 26 April 2024


Open Access | Article

The Measures to Solve the US Subprime Crisis and Inspirations

Yihuan Teng * 1
1 Beijing Foreign Studies University, Beijing, China, 100081

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 79, 82-87
Published 26 April 2024. © 26 April 2024 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Yihuan Teng. The Measures to Solve the US Subprime Crisis and Inspirations. AEMPS (2024) Vol. 79: 82-87. DOI: 10.54254/2754-1169/79/20241777.

Abstract

This paper focuses on the subprime mortgage crisis in the United States at the beginning of the 21st century, and analyzes how this crisis was formed through chain transmission from the perspective of financial bonds in the real estate industry. The paper focuses on the Federal Reserve's policy adjustments and the collapse of the banking system, in order to elucidate the severe impacts of the subprime crisis on the US financial system. Through data collection and attribution analysis, it intends to provide methods for preventing similar crises from happening again, including diversifying policy tools, strengthening supervision, foreign exchange risk management, etc., and provide certain suggestions for the stable operation and resilience of the national financial system.

Keywords

Subprime crisis, Housing mortgage loans, Federal Reserve, Macroeconomic regulation, Exchange risk

References

1. Liu Yu.(2012).Analysis of the reasons for the formation of the subprime crisis and its impact on the financial economy.Modern Economic Information,(13),176.

2. Robert Shearer & Yanyan Wang. (2008). Solutions to the U.S. Subprime Crisis. Comparative Economic & Social Systems,(6), 44-50.

3. Lim, M. H. (2008). Old wine in a new bottle: subprime mortgage crisis—causes and consequences. Economics Working Paper Archive, 3(wp_532).

4. Yang Fan. (2014). New Features of Contemporary Financial Crises. Modern Economic Information, (7), 249.

5. Pei Ping. (2016). Research on the International Financial Crisis Caused by Subprime Mortgage Risk in the United States. China Financial Publishing House.

6. Chen Junlei. (2017). Causes, impacts and revelations to China of the U.S. subprime mortgage crisis. Finance and Accounting for International Commerce, (3), 41-43+63.

7. Sun Lingli. (2009). Measures of the United States in Handling the Subprime Crisis and Implications for China.Productivity Research, (12), 136-137+145.

8. Lyu Yaping. (2010). Subprime crisis revelation and countermeasures. Business Research, (10), 102-103.

9. Zhang Hong. Wang Qian. (2020). Comparison and Implications of the Federal Reserve's Response to the Epidemic Shock and Subprime Crisis. West China Finance,(10),36-43.

10. Sun Xiaoran. (2016). Reform of International Financial Regulation after Subprime Crisis and Implications for China. Times Finance, (12), 6+14.

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 3rd International Conference on Business and Policy Studies
ISBN (Print)
978-1-83558-381-4
ISBN (Online)
978-1-83558-382-1
Published Date
26 April 2024
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/79/20241777
Copyright
26 April 2024
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

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