NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

CMBS Subordination, Ratings Inflation, and the Crisis of 2007-2009

Richard Stanton, Nancy Wallace

Chapter in NBER book Market Institutions and Financial Market Risk (2012), Mark Carey, Anil Kashyap, Raghuram Rajan, and René Stulz, organizers
Conference held June 17-18, 2010
Published in June 2012 by Elsevier, Journal of Financial Economics

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This chapter first appeared as NBER working paper w16206, CMBS Subordination, Ratings Inflation, and the Crisis of 2007-2009, Richard Stanton, Nancy Wallace
 
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