Results 141 to 150 of about 1,904 (243)
Bank incentives and optimal CDOs [PDF]
The paper examines a delegated monitoring problem between investors and a bank holding a portfolio of correlated loans displaying “contagion.” Moral hazard prevents the bank from monitoring continuously unless it is compensated with the right incentive ...
Pagès, H.
core
The impact of the originate-to-distribute model on banks before and during the financial crisis [PDF]
The growth of securitization made it easier for banks to sell home mortgage loans that they originated. I explore how mortgage sales affected banks in the years leading up to the financial crisis that began in 2007 and how their pre-crisis mortgage sales
Richard J. Rosen
core
Financial Asset Securitization
金融資產證券化在美國行之有年,能夠為金融機構帶來釵h好處,所以發展十分快速。台灣自從相關法令通過之後,展開證券化的歷史,成左漁蚳狾釵p雨後春筍。然而,由於現金流量以及利率波動,定價並非容易,加上台灣並無官方機構為證券化商品提供保證,所以,必須尋求一個適合台灣發展金融資產證券化的模型。 本論文結合提前清償模型,違約模型以及利率模型,探討違約行為對於一個投資組合的影響,了解信用增強機制彼此的互動關係,也為台灣發行金融資產證券化提供一個參考的依據。The history of financial asset ...
龔美娟, Kung, Mei-Chuan
core
Securitization as a means to pay for cell and gene therapies for orphan diseases: a simulation study. [PDF]
Lu JM +3 more
europepmc +1 more source
Wealth effects from asset securitization : (the case of Australia)
Asset securitization is one of the most important financial innovations recently. With an impressive growth in terms of volume of issuance, from almost zero to five trillion USD, in a period of 15-20 years, it is one of the most rapidly growing markets ...
Anchev, Stefan, Lapanan, Nicha
core
The Health of Nations Fund: Financing global drug development. [PDF]
Cho J +4 more
europepmc +1 more source
Asset Securitization: The Unsecured Creditor\u27s Perspective
The Article examines assumptions behind literature that uncritically assumes that securitization transactions are necessarily efficient, finding that these assumptions are unwarranted.
Lupica, Lois R
core
The geopolitical turn in biotechnology : Implications for Science and Policy. [PDF]
Mampuys R, Sheikh H.
europepmc +1 more source
This paper provides an investigation of Chinese asset securitization in commercial banking sectors. Asset securitizations as one of the most important methods for capital gather and enhance banking liquidity. From it development in the U.S. ABS market in
Gu, Qi
core
Green Securitization, A Legal Structure Currently Unfit for Ecological Transition. [PDF]
Cornut St-Pierre P, Gareau-Lindsay J.
europepmc +1 more source

