Determinants of the Sub-prime Mortgage Crisis

Dissertation on the determinants of the
sub-prime mortgage crisis

Table of Contents
Chapter 1: Introduction....................................................................................................................3
1.1 Research Background............................................................................................................3
1.2 Problem Statement.................................................................................................................4
1.3 Research Question.................................................................................................................4
1.4 Research Objective................................................................................................................4
1.5 Research Limitations.............................................................................................................4
1.6 Gap of Research.....................................................................................................................4
1.7 Thesis Outline........................................................................................................................4
Chapter 2: Literature Review...........................................................................................................4
2.1 Theoretical Framework..........................................................................................................4
2.2 Literature Review..................................................................................................................4
2.3 Proposed Theoretical Framework..........................................................................................5
2.4 Selected Determinants and Hypothesized Relation...............................................................5
Chapter 3: Research Methodology..................................................................................................5
3.1 Research Approach................................................................................................................5
3.2 Summary of Determinants and Hypotheses..........................................................................5
3.3 Time Period and Data Collection..........................................................................................5
3.4 Sample and Exclusions..........................................................................................................5
3.5 Research Variables................................................................................................................5
3.5.1 Measurement of the Dependent Variable.......................................................................5
3.5.2 Measurement of the Independent Variables...................................................................5
3.5.3 Summary of Measurements............................................................................................5
3.5.4 GRETL...........................................................................................................................5
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Chapter 4: Data Analysis and Findings...........................................................................................5
4.1 Descriptive Statistics.............................................................................................................5
4.2 Augmented-Dickey Fuller.....................................................................................................6
4.3 Correlation Matrix.................................................................................................................6
4.4 Multicollinearity....................................................................................................................6
4.5 Ordinary Least Squares..........................................................................................................6
4.6 Summary of Empirical Findings............................................................................................6
Chapter 5: Summary Findings, Conclusion, Recommendations.....................................................6
5.1 Introduction............................................................................................................................6
5.2 Statistical Findings.................................................................................................................6
5.3 Limitations.............................................................................................................................6
5.4 Recommendations..................................................................................................................6
5.5 Conclusions............................................................................................................................6
6.0 References..................................................................................................................................6
7.0 Appendixes................................................................................................................................6
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