Question: securitizationby Andreas Jobst available at: https://www.imf.org/external/pubs/ft/fandd/2008/09/pdf/basics.pdfQuestion:show the effect of securitization (you can draw a new diagram here). Atif Mian and Amir Sufi write that by

securitizationby Andreas Jobst available at: https://www.imf.org/external/pubs/ft/fandd/2008/09/pdf/basics.pdfQuestion:show the effect of securitization

(you can draw a new diagram here). Atif Mian and Amir Sufi write that by securitizing debt

mortgages and not securitizing shared responsibility mortgages, the govt. tilts the field in

the favour of debt mortgages. Briefly explain this statement.

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