O'Reilly logo

Political Bubbles by Keith T. Poole, Howard Rosenthal, Nolan McCarty

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

NOTES

Introduction

  1. See Dodosh (2008).

  2. See Roguski (2008).

  3. See Sims (2008).

  4. An asset-backed security is one whose value is based on returns from some underlying asset. In the case of mortgage-backed securities, the value is derived from cash flows generated by interest payments on an underlying pool of mortgages.

  5. See Foote, Gerardi, and Willen (2012).

  6. On Raines’s compensation, see Bebchuk and Fried (2005).

  7. In a research article, Steven Levitt (coauthor of Freakonomics) estimates that personal ideology represented about 50 percent of the mix. See Levitt (1996).

  8. Our focus will be on U.S. financial crises, so we are concerned primarily with the particular structure of U.S. policy-making institutions.

  9. See ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required