econphiles co-creators: Justin Svec and Robert Baumann “The Great Recession: Causes” written by Justin Svec; edited by Robert Baumann and Patrick Franco Video editing: Patrick Franco Opening and closing credits music: Maurice Ravel, String Quartet in F major, Assez vif – très rythmé Performed and arranged by Robert Baumann Thanks to Nathan Flint at Audible Chemistry (www.audiblechemistry.com) for audio recording support. Follow us and comment at https://twitter.com/econphiles Sources: Bianco, Katalina. 2008. “The Subprime Lending Crisis: Causes and Effects of the Mortgage Meltdown.” CCH Mortgage Compliance Guide and Bank Digest 1-21. https://business.cch.com/images/banner/subprime.pdf Bucks, Brian; Arthur Kennickell; Traci Mach; and Kevin Moore. 2009. “Changes in U.S. Family Finances from 2004 to 2007: Evidence from the Survey of Consumer Finances.” Federal Reserve Bulletin 95: A1-A55. http://www.federalreserve.gov/econresdata/scf/files/2007_SCF_Chartbook.pdf “Chart Book: The Legacy of the Great Recession.” Center on Budget and Policy Priorities: July 13, 2016. http://www.cbpp.org/research/economy/chart-book-the-legacy-of-the-great-recession Darity, William and Arthur Goldsmith. 1996. “Social Psychology, Unemployment and Macroeconomics.” Journal of Economic Perspectives 10 (1): 121-140. http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.10.1.121 Fender, Ingo and Martin Scheicher. 2009. “The pricing of subprime mortgage risk in good times and bad: evidence from the ABX.HE indices.” Applied Financial Economics 19 (24): 1925-1945. https://ideas.repec.org/a/taf/apfiec/v19y2009i24p1925-1945.html Goodman, Peter and Gretchen Morgenson. “Saying Yes, WaMu Built Empire on Shaky Loans.” New York Times Dec. 28, 2008. http://www.nytimes.com/2008/12/28/business/28wamu.html Guillén, Mauro. “The Global Economic & Financial Crisis: A Timeline.” http://lauder.wharton.upenn.edu/wp-content/uploads/2015/06/Chronology_Economic_Financial_Crisis.pdf Heinrich, Carolyn. 2014. “Parents’ Employment and Children’s Wellbeing.” The Future of Children 24 (1): 121-146. http://files.eric.ed.gov/fulltext/EJ1029033.pdf Shiller, Robert. 2008. "Understanding Recent Trends in House Prices and Homeownership." Housing, Housing Finance and Monetary Policy, Jackson Hole Conference Series, Federal Reserve Bank of Kansas City, 85-123. https://www.kansascityfed.org/publicat/sympos/2007/pdf/shiller_0415.pdf The Financial Crisis Inquiry Commission. “The Financial Crisis Inquiry Report.” Jan. 2011, 1-663. https://www.gpo.gov/fdsys/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf Zucker, Shaina. “Financial reports blame crisis partly on WaMu's poor lending practices.” HousingWire April 13, 2011. http://www.housingwire.com/articles/financial-reports-blame-crisis-partly-wamus-poor-lending-practices