User:Masked Shaco/sandbox
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 | This article was the subject of an educational assignment. Further details were available on the "Education Program:Mount Saint Vincent University/LIBR 2100: Introduction to Research in the Information Age (Summer 2015)" page, which is now unavailable on the wiki. |
LIBR 2100 project:
The average degree of leverage in the economy often rises prior to a financial crisis[citation needed]. For example, borrowing to finance investment in the stock market ("margin buying") became increasingly common prior to the Wall Street Crash of 1929. In addition, some scholars have argued that financial institutions can contribute to fragility by hiding leverage, and thereby contributing to underpricing of risk.[15]
Group Contribution, editing user: Amsvjoe:
above citation can be found here on page 212 chapter4
Kennard, F. & Hanne, A. (2015) Boom & Bust: A look at Economic Bubbles: Hershel/Williams
You can also find it on page 10 under topic Leverage. The link is https://books.google.ca/books?id=3eua8cb24LAC&pg=PA10&dq=The+average+degree+of+leverage+in+the+economy+often+rises+prior+to+a+financial+crisis&hl=en&sa=X&ved=0CDMQ6AEwAmoVChMI27KqrrX3xgIVQSgeCh18UADy#v=onepage&q=The%20average%20degree%20of%20leverage%20in%20the%20economy%20often%20rises%20prior%20to%20a%20financial%20crisis&f=false
--MootXxtjxX (talk) 00:47, 26 July 2015 (UTC)
Possible Sources:
Simkovic,M.(2009) Secret Liens and the Financial Crisis of 2008. American Bankruptcy Law Journal, Vol. 83, p. 253. Retrieved from: http://ssrn.com/abstract=1323190
This article that I found is talk about the hidden leverage in financial crises of 20008, I want to use this article to summarize the information about leverage that related to the passage I have chosen. In this article, the author give us lots of information about "leverage".
Draft of New Passage
Sentence that needs a citation: The average degree of leverage in the economy often rises prior to a financial crisis[citation needed].
Draft of new passage: Simkovic(2009) found that before the financial crisis, the standard of economic leverage typically rises.
Simkovic, M.(2009). Secret Liens and the Financial Crisis of 2008. American Bankruptcy Law Journal, Vol. 83, p. 253. Retrieved from:http://ssrn.com/abstract=1323190
Masked Shaco edit at Thursday August 6.