Showing 1 - 10 of 111
, Green Banking, Demographic Risk Financial Crisis: Overview Leverage, Systemic Risk, Securitization, Pricing …
Persistent link: https://www.econbiz.de/10011109326
In light of the unprecedented developments in the financial sectors of developed economies in the years 2008-2009 and in view of the current political Arab upheaval, this paper reviews the pros and cons of financial integration of the South-Mediterranean region. Our analyses includes Morocco,...
Persistent link: https://www.econbiz.de/10011257867
What factors and developments have fuelled the „cartelisation“ of capital markets? - to the extent of the rigging of EURIBOR and LIBOR rates? In what ways can EURIBOR and LIBOR rate rigging practices be addressed? How and why have offshore markets expanded to the degree and extent to which...
Persistent link: https://www.econbiz.de/10011258551
We build a general equilibrium model of bank competition in which securitization is the banks�optimal choice. A …
Persistent link: https://www.econbiz.de/10011258629
. First, it demonstrates that the bubble was a supply-side phenomenon attributable to an excess of mispriced mortgage finance …: mortgage-finance spreads declined and volume increased, even as risk increased—a confluence attributable only to an oversupply … of mortgage finance. Second, it explains the mortgage-finance supply glut as resulting from the failure of markets to …
Persistent link: https://www.econbiz.de/10011261024
The present paper reviews the causes that led to the financial crisis. Unlike other interpretations, this paper does not place main significance on a single source or on a set of causes. I consider all major standpoints highlighted by research and media prior, during and after the financial...
Persistent link: https://www.econbiz.de/10009294924
This article analyses the effect of security price on the behaviour of bank securitization. We present a model of bank … securitization in which security price together with liquid constraints create the incentive for banks to originate and sell assets … incentive to conduct strategic securitization and the moral hazard problem is serious. Our main idea has been supported by the …
Persistent link: https://www.econbiz.de/10009372531
The move from the originate-to-hold to originate-to-distribute model of lending profoundly transformed the functioning of credit markets and weakened the natural asset transformation function performed by financial intermediaries for centuries. This shift also compromised the role of banks in...
Persistent link: https://www.econbiz.de/10009372586
We are neither economists nor academic scholars; however we are students of the markets having experienced the credit crunch on the front lines as institutional investors from a country that is neither in Europe nor is the United States (i.e. Canada). The credit crunch and related “Great...
Persistent link: https://www.econbiz.de/10009418495
By using data from 8 depository institutions in Turkey we evaluate the drivers of securitization between 2004 and 2009 …. Our analysis shows that previous period securitization as well as bank equity, level of profits and asset size are …’s securitization in capital markets. Again, bank size, profitability and equity are also explanatory variables in making these accurate …
Persistent link: https://www.econbiz.de/10009650018