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Are the government-sponsored enterprises (GSEs) justified?

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  • Zhiyong An
  • Congyan Tan

Abstract

Recent studies provide evidence that the government-sponsored enterprises (GSEs) might not be justified under a rigorous and innovative framework of cost-benefit analysis. The policy implication is that the GSEs might have finished their historical mission of building the secondary mortgage market, but now with a mature secondary mortgage market, they might not be beneficial any more -- maybe it is the time for them to exit.

Suggested Citation

  • Zhiyong An & Congyan Tan, 2011. "Are the government-sponsored enterprises (GSEs) justified?," Housing Policy Debate, Taylor & Francis Journals, vol. 22(2), pages 133-139, July.
    • Handle: RePEc:taf:houspd:v:22:y:2011:i:2:p:133-139
    DOI: 10.1080/10511482.2011.648209
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    Cited by:

    1. Siren, Anu & Sørensen, Claus Hedegaard, 2015. "Immense changes in traffic – Considerable stability in discourses. Road speed in Danish parliamentary documents 1900–2010," Transport Policy, Elsevier, vol. 40(C), pages 1-7.

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