National Repository of Grey Literature 2 records found  Search took 0.01 seconds. 
Impact of the american mortgage crisis on the economy of Iceland
Radilová, Eva ; Antoš, Ondřej (advisor) ; Jílek, Josef (referee)
This paper concentrates on the beginning of the mortgage crisis on the United States mortgage market. It deals with its global and local impacts and explains its origin against the economic background. After that it fluently continues with describing the origins of the Icelandic crisis. It is mentioned in this part that despite the economic boom the origins of the crisis had arisen at that time. After the burst the progression of the crisis including its impacts on macroeconomic indicators is described in this document. In conclusion the Icelandic crisis is being explained on the economic theory basis, compared to the American crisis and the question if Iceland was really a victim of the subprime mortgage crisis is answered there.
Subprime crisis and behaviour of central banks in reaction to this crisis
Hlaváčková, Kateřina ; Kovářík, Tomáš (advisor) ; Janíčko, Martin (referee)
This essay deals with emergence, collapse and concequences of the credit crisis called subprime crisis culminating in the August of 2007. There are J.A. Schumpeter's economic theories used in this work that are relevant to discuss the beginning and developement of this crisis. As importat of these theories I consider the theory of business cycle which may be applied to Great Depression from the Thirties of Twentieth Century. At the beginning of this thesis I am focusing on the theory of endogenous money as a fundament for financial crisis analyse. Further I argue about the behaviour of bankers changing within the business cycle. I describe the behaviour of Federal Reserve officials over the course of the subprime crisis and subsequently the response of the central banks to the crisis. Finally I deal with the Minsky's perspective on the credit crunch.

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