Results 111 to 120 of about 25,762 (231)

The Financial Crisis and Credit Unavailability: Cause or Effect? [PDF]

open access: yes, 2017
Although the relationship between credit availability and financial decline leading to the global financial crisis was somewhat interactive, a loss of credit availability appears to have caused the financial crisis more than the reverse.
Schwarcz, Steven L.
core   +1 more source

Agency Conflicts, Asset Substitution, and Securitization

open access: yes, 2006
Asset-backed securities represent one of the largest and fastest growing financial markets. Under securitization, agents perform functions (for fees) that would alternatively be performed by a vertically integrated lender with ownership of a whole loan.
Yingjin Hila Gan, Christopher Mayer
openaire   +1 more source

Covered bonds vs. assets securitization [PDF]

open access: yesTheoretical and Applied Economics, 2014
During the past few years, in the recent post-crisis global banking and capital markets context, financial institutions around the globe are exploring new options to better secure their financing and refinancing demands. We will exhibit herewith a comparison between covered bonds and asset securitizations as financial markets-based funding techniques ...
openaire   +1 more source

Asset Securitizations and Audit Effort [PDF]

open access: yesSSRN Electronic Journal, 2011
Yuyu Zhang   +4 more
openaire   +1 more source

Valuation of Credit-Linked Notes Under Government Implicit Guarantees

open access: yesMathematics
Credit-linked notes (CLNs) are vital for transferring and diversifying credit risks in asset securitization, yet their application in China remains limited despite policy support.
Xinghui Wang, Xiaosong Qian
doaj   +1 more source

Determinants of banks' engagement in loan securitization [PDF]

open access: yes, 2006
This paper provides new insights into the nature of loan securitization. We analyze the use of collateralized loan obligation (CLO) transactions by European banks from 1997 to 2004 andtry to identify the influence that various firm-specific and ...
Bannier, Christina E.   +1 more
core   +1 more source

Structured Finance, Risk Management, and the Recent Financial Crisis [PDF]

open access: yes
Structured finance is often mentioned as the main cause of the latest financial crisis. We argue that structured finance per se did not trigger the last financial crisis.
Georges Dionne
core  

Catastrophic risks and the pricing of catastrophe equity put options. [PDF]

open access: yesComput Manag Sci, 2021
Arnone M   +3 more
europepmc   +1 more source

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