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Causes of American Subprime Mortgage Crisis and Its Enlightenment to China

  • Conference paper
Business, Economics, Financial Sciences, and Management

Part of the book series: Advances in Intelligent and Soft Computing ((AINSC,volume 143))

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Abstract

So far American Subprime Mortgage Crisis has lasted more than four years. It not only hit America’s economy but also caused a global financial crisis. The study on its causes and its enlightenment to China undoubtedly is beneficial to the healthy development of China’s financial market.

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References

  1. Li, S.: Low Saving Rate Is the Root of American Subprime Mortgage Crisis. China Finance (21), 38–39 (2007)

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Author information

Authors and Affiliations

  1. Finance Department of Hainan University, Haikou, Hainan, China, 570228

    Tao Song

  2. Applied Economics Postdoctoral Research Station of Southwestern University of Finance and Economics, Chengdu, 611130, China

    Shi-chen Fan

Authors
  1. Tao Song
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  2. Shi-chen Fan
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Corresponding author

Correspondence to Tao Song .

Editor information

Editors and Affiliations

  1. Nanchang University, Xuefu Avenue 999, Nanchang Jaingxi, China, People's Republic

    Min Zhu

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© 2012 Springer-Verlag GmbH Berlin Heidelberg

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Song, T., Fan, Sc. (2012). Causes of American Subprime Mortgage Crisis and Its Enlightenment to China. In: Zhu, M. (eds) Business, Economics, Financial Sciences, and Management. Advances in Intelligent and Soft Computing, vol 143. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-27966-9_22

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  • DOI: https://doi.org/10.1007/978-3-642-27966-9_22

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-27965-2

  • Online ISBN: 978-3-642-27966-9

  • eBook Packages: EngineeringEngineering (R0)

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