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at several maturities into components reflecting counterparty credit risk and funding-market liquidity. To account for …We use matched, bank-level panel data on Libor submissions and credit default swaps to decompose bank-funding spreads … within a model of the costs and benefits of lying. We find that Libor spreads typically consist mostly of a liquidity premium …
Persistent link: https://www.econbiz.de/10011119884
This study's estimates of the reduction in accidents from a ban on cell phone use while driving are both lower and less certain than previous studies indicate.
Persistent link: https://www.econbiz.de/10010941141
This book argues that privatization of the government-sponsored enterprises is the only viable way to protect the taxpayers and the economy.
Persistent link: https://www.econbiz.de/10010949256
This book argues that privatization of the government-sponsored enterprises is the only viable way to protect the taxpayers and the economy.
Persistent link: https://www.econbiz.de/10010842163
Fannie Mae and Freddie Mac have aggressively used their government support to achieve extraordinarily high profitability and domination of the residential mortgage market.
Persistent link: https://www.econbiz.de/10010842188
This study's estimates of the reduction in accidents from a ban on cell phone use while driving are both lower and less certain than previous studies indicate.
Persistent link: https://www.econbiz.de/10011145256
Fannie Mae and Freddie Mac have aggressively used their government support to achieve extraordinarily high profitability and domination of the residential mortgage market.
Persistent link: https://www.econbiz.de/10011122266
This book discusses banking, insurance, and securities regulation, as well as issues in consumer finance and electronic …
Persistent link: https://www.econbiz.de/10010949248
This book discusses banking, insurance, and securities regulation, as well as issues in consumer finance and electronic …
Persistent link: https://www.econbiz.de/10010842058
We use a quantitative equilibrium model with houses, collateralized debt and foreign borrowing to study the impact of global imbalances on the U.S. economy in the 2000s. Our results suggest that the dynamics of foreign capital flows account for between one fourth and one third of the increase in...
Persistent link: https://www.econbiz.de/10010735412