Via Paul Krugman, make sure you check this out. It’s a fantastic graphical representation of how Collateralised Debt Obligations work and what happens when people start defaulting on their mortgages.
About me
I'm an economics grad student at the London School of Economics. I'm Australian, but have lived in the UK for quite a few years now.
My other web presences:
- My LSE site
- Google Buzz
- Gallery (rarely updated)
- MySpace (almost never used)
- Linked in (almost never used)
- Orkut (almost never used)
Recent Tweets
- Just completed a 5.16 km run with @RunKeeper. Check it out! http://t.co/HBSfMj29 #RunKeeper : 2 days ago
- Just completed a 6.50 km run with @RunKeeper. Check it out! http://t.co/CDEKSW54 #RunKeeper : 5 days ago
- In the UK, the 2nd-most common cosmetic surgery performed on men is ... breast reduction. Stay classy, Britain. http://t.co/C2xd8Ocb #fb : 1 week ago
- Just posted a 5.12 km run - Regular shoes. Forgot my gloves! Bloody stupid ... Was in a hurry, too. http://t.co/UBEutm1y #RunKeeper : 1 week ago
- Just completed a 4.33 km run with @RunKeeper. Check it out! http://t.co/YMwo6CkI #RunKeeper : 1 week ago
- Last night at the V&A. This morning at the British museum for an exhibit on the Hajj. Where's my Chardonnay?! #fb : 1 week ago
- It takes a special kind of person to organise a flash mob and then print it on the programme of events so nobody misses it. #fb : 1 week ago
- The V&A on a Friday night. #fb http://t.co/4isgEJIu : 1 week ago
Recent Posts
- Get set for more negative interest rates
- Terrible news from Apple (AAPL)
- Currys/Dixons/PC World/Phones4U fail
- Today’s community service announcement …
- It’s not a fiscal union and Cameron didn’t veto it
- Policy options for the Euro area [Updated]
- On the limits of QE at the Zero Lower Bound
- For the first time since 2004q4, US household debt is less than 100% of disposable income
- A simple proposal to improve fiscal policy
- To what extent should the media mention that somebody is from a minority?
- The US debt-ceiling deal
- Updating
- Wanted: CTRL-TAB in my browser to work as ALT-TAB does in windows
- Bitcoin
- A taxonomy of aggregate output (Actual, Forecast, Natural, Potential, Efficient)
Recent Comments
- It’s not a fiscal union and Cameron didn’t veto it (4)
- John Barrdear: Adam, I agree with you completely! However, it’s worth noting that those existing transfers are...
- Adam: I’ll buy that it wasn’t a veto (precisely) but the EU already transfers vast amounts of money...
- John Barrdear: Hi Miriam, I don’t see it as a veto by my reading of the definition of the word. The European...
- Miriam: Yes and no. I see what you are saying, but it’s really not the point. What Cameron vetoed may not have...
- “The writing style is academic and upset most of the time.” (3)
- John Barrdear: Great. Now I can never remove that comment or else yours will refer to thin air.
- Adam: The other comment here is Chinese credit card linkspam. Bah, so much for the problem being solved.
- John Barrdear: Great. Now I can never remove that comment or else yours will refer to thin air.
- Wanted: CTRL-TAB in my browser to work as ALT-TAB does in windows (4)
- Tuukka: Opera offers this as default. It is impossible to comprehend the reasoning behind the decision of not...
- John Barrdear: Caitlin, you’re a god-send.
- Caitlin: This feature is called MRU (most recently used). You’ve been able to do this in both IE and Firefox...
Economics (Academic)
- Alex Tabarrok & Tyler Cowen (George Mason U.)
- Andrew Leigh (Aust. National U.)
- Arnold Kling & Bryan Caplan (George Mason U.)
- Brad DeLong (U.C. Berkeley)
- Chris Blattman (Yale U.)
- Dani Rodrik (Harvard U.)
- David Altig (FRB Atlanta)
- David Beckworth (Texas State U.)
- Gary Becker & Richard Posner (U. Chicago)
- Greg Mankiw (Harvard U.)
- James Hamilton (U.C. San Diego) & Menzie Chinn (U. of Wisconsin)
- John Quiggin (U. Queensland)
- Joshua Gans (U. Melbourne)
- Justin Wolfers (U. of Pennsylvania)
- Mark Thoma (U. Oregon)
- Paul Krugman (Princeton U.)
- Robin Hanson (George Mason U.)
- Scott Sumner (Bentley U.)
- Steve Waldman (PhD candidate – U. of Kentucky)
- Steven Levitt (U. Chicago)
- Tim Duy (U. Oregon)
0 Response to “Explaining CDOs”