Securitized Banking and the Run on Repo

Gary Gorton & Andrew Metrick
Published Date
Copyright 2012
DOI 10.1016/j.jfineco.2011.03.016
Book: Market Institutions and Financial Market Risk
Book organizers: Mark Carey, Anil Kashyap, Raghuram Rajan & René Stulz
PUBLISHER: Journal of Financial Economics 104 (3)

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Financial Economics
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Published From Paper

Securitized Banking and the Run on Repo
- Working Paper
Author(s): Gary B. Gorton & Andrew Metrick
The Panic of 2007-2008 was a run on the sale and repurchase market (the "repo" market), which is a very large, short-...

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