Showing 1 - 10 of 16
Persistent link: https://www.econbiz.de/10000893759
Persistent link: https://www.econbiz.de/10000870268
We present a standard model of financial innovation, in which intermediaries engineer securities with cash flows that investors seek, but modify two assumptions. First, investors (and possibly intermediaries) neglect certain unlikely risks. Second, investors demand securities with safe cash...
Persistent link: https://www.econbiz.de/10008737158
Persistent link: https://www.econbiz.de/10001594673
Persistent link: https://www.econbiz.de/10001822314
Persistent link: https://www.econbiz.de/10000921681
Persistent link: https://www.econbiz.de/10000946776
Persistent link: https://www.econbiz.de/10000996510
Persistent link: https://www.econbiz.de/10000899190
Persistent link: https://www.econbiz.de/10000918053