Showing 1 - 10 of 12,807
Persistent link: https://www.econbiz.de/10003355308
Persistent link: https://www.econbiz.de/10003462349
Persistent link: https://www.econbiz.de/10003918890
Persistent link: https://www.econbiz.de/10008901477
We estimate structurally a model of the term structure of interest rates that is consistent with no arbitrage but allows for demand pressures. The term structure in our model is determined through the interaction of risk-averse arbitrageurs and preferred-habitat investors with preferences for...
Persistent link: https://www.econbiz.de/10008907766
The Capital Assistance Program (CAP) was created by the U.S. government in February 2009 to provide backup capital to large financial institutions unable to raise sufficient capital from private investors. Under the terms of the CAP, a participating bank receives contingent capital by issuing...
Persistent link: https://www.econbiz.de/10003948201
Persistent link: https://www.econbiz.de/10003386979
"We study an over-the-counter (OTC) market with bilateral meetings and bargaining where the usefulness of assets, as means of payment or collateral, is limited by the threat of fraudulent practices. We assume that agents can produce fraudulent assets at a positive cost, which generates...
Persistent link: https://www.econbiz.de/10009310296
Persistent link: https://www.econbiz.de/10011371336
Persistent link: https://www.econbiz.de/10011371755