ISSN (Online): 2321-3418
server-injected
Education And Language
Open Access

A Masterpiece from the Subprime Mortgage Crisis in America

, , ,
DOI: 10.18535/ijsrm/v8i06.el02· Pages: 1420-1426· Vol. 8, No. 06, (2020)· Published: May 31, 2020
PDF
Views: 332 PDF downloads: 188

Abstract

Subprime mortgage crisis is a phenomenon that has a major impact on the world economy. The crisis that began in the United States has infected many other economically related countries with the United States. This study tries to parse how the economic conditions of the United States in the era before and after the crisis. From the results of the descriptive statistical analysis test on the economic conditions of the United States in the period 1998 - 2017, it was found that in the variables of inflation, investment, GDP, and interest rates there were negative differences between before and after the crisis, even though statistically did not show a significant effect, except for interest rate variable. This phenomenon shows that monetary policy oriented to controlling interest has the potential to trigger systemic risks to the economy.

Keywords

Subprime MortgageInterest RatesMonetary
Author details
Muhammad Andri Radiany
Lecturer in STIE Mahardhika Surabaya
✉ Corresponding Author
👤 View Profile →
Ali Farhan
Lecturer in STIE Mahardhika Surabaya
👤 View Profile →🔗 Is this you? Claim this publication
Roy Sumaryono
Sekolah Tinggi Ilmu Ekonomi Mahardhika
👤 View Profile →🔗 Is this you? Claim this publication
Wulandari Harjanti
Sekolah Tinggi Ilmu Ekonomi Mahardhika
👤 View Profile →