Similar Search Results

Securitization without risk transfer

Acharya, Viral V.; Schnabl, Philipp; Suárez, Gustavo A. - 2012

Persistent link: https://www.econbiz.de/10009502459

A pyrrhic victory? : bank bailouts and sovereign credit risk

Acharya, Viral V.; Drechsler, Itamar; Schnabl, Philipp - 2011

Persistent link: https://www.econbiz.de/10009427798

Bank leverage and monetary policy's risk-taking channel : evidence from the United States

Dell'Ariccia, Giovanni; Laeven, Luc; Suárez, Gustavo A. - 2016

Persistent link: https://www.econbiz.de/10011494150

Efficient recapitalization

Philippon, Thomas; Schnabl, Philipp - 2009

Persistent link: https://www.econbiz.de/10003911879

Informational rents, macroeconomic rents, and efficient bailouts

Philippon, Thomas; Schnabl, Philipp - 2011

"We analyze government interventions to alleviate debt overhang among banks. Interventions generate two types of rents. Informational rents arise from opportunistic participation based on private information while macroeconomic rents arise from free riding. Minimizing informational rents is a...

Persistent link: https://www.econbiz.de/10008859042