Residential mortgages are of first-order importance for households, financial institutions, and macroeconomic stability. The typical household in a developed economy has one dominant asset – a house or apartment – and one dominant liability – a mortgage. The global financial crisis that began in 2007 has made it abundantly clear that problems in mortgage lending have the potential to destabilize the financial system and the economy.
In this Marketplace Session, Professor Kasper Meisner Nielsen from HKUST talks about mortgage market design and the appealing features of mortgage markets that can help reduce the risk of future financial crises.
This is a FREE event for members and non-members!
The Master of Science in Global Finance (MSGF) Program is a one-year executive-format master degree program, jointly offered by the Business School of Hong Kong University of Science & Technology (HKUST) and the Stern Business School of New York University (NYU Stern) since 2007.
The program offers specialized and up-to-date finance training to senior executives and finance professionals. Classes meet every 4 to 6 weeks in three world cities (Hong Kong, New York and Shanghai). Graduates earn one joint master degree and are affiliated with alumni networks of both universities.
To cancel without penalty, written cancellation must be received by AmCham 48 hours before the event, or else NT$500 penalty will be charged. Expense for any guests invited by an AmCham member will be billed to the member’s account directly.