We build a general equilibrium model of bank competition in which securitization is the banks�optimal choice. A …

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 …

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 …