Causes for the 2007-2008 Subprime Mortgage Crisis the role of Dissertation

Causes for the 2007-2008 Subprime Mortgage Crisis the role of owe-backed securities on the bank leverage - Dissertation ExampleLimitations of the study 25 5. Implication of the Discussion 26 References 28 1. RESEARCH METHODOLOGY 1.1 Chapter Introduction Research is not just the process of gathering information barely it is answering the unanswered questions or creating something which is not currently existing (Goddard and Melville, 2004). In simple words explore refers to the search of knowledge. Thus it after part be defined as the systematic and scientific search for epoch- make information on a definite topic. It involves defining and redefining a problem, preparing hypothesis or recommending solutions collecting, analysing and evaluating the info making inference and reaching conclusions and lastly the conclusions are to be judged properly to determine whether the conclusion fits to the hypothesis (Kothari, 2009). The largess study deals with the factors that ca apply the Subprime Mortgage Crisis. The study focuses on the roles of the mortgage-backed securities on the bank leverage. In order to conduct this look proper research method has been designed. This chapter introduces the background of the research, objectives of the study, problem and issues in the research and the theoretical framework apply in the research. Apart from these the study also sheds light on the methodology used, justifies the methodology, research philosophies, sampling techniques and instruments used to collect data. Finally the study also explicates on the ethical side of the study. 1.2 Justification of Methodology The chief(prenominal) objective of the study is to do an analysis on the causes of Subprime Mortgage Crisis and the effects it has caused on the global economy. In this context the study focuses on analysing the case studies on Lehman Brother and Northern Rock. At the same magazine it also focuses on the other cause like housing price index. In order to acqu ire the objectives, the study uses only qualitative research approach. The study heavily relies upon the secondary data and not on basal data. Primary data results from firsthand observation and experience whereas secondary data results from what others have notice or experienced. Secondary data are easily available and are cheap as compared to primary data (Guffey and Loewy, 2009). The secondary data are collected using newspaper, journals, electronic sources, books and magazines. Whereas primary data can be collected using the questionnaire. To meet these requirements, the study an extensive collection of only secondary data is required, which makes application of qualitative methodology obligatory. 1.3 Research objectives The primary objective of the research is to find the causes and effects of the subprime mortgage crisis that occurred in the year 2008. In order to successfully accomplish the study, an imperative understanding about the philosophical context of the research i s necessary. Dainty (2007) emphasizes that while conducting research constructing an orientation and philosophical position towards the research is important. McCallin (2003) suggests that reviewing the philosophical background and considering the paradigm of inquiry should be done at an early stage of the research.