Narrow search
Showing 1 - 10 of 292
Cover Image
Unstable banking
Shleifer, Andrei; Vishny, Robert W. - 2009
Persistent link: https://www.econbiz.de/10003841444
Cover Image
A model of shadow banking
Gennaioli, Nicola; Shleifer, Andrei; Vishny, Robert W. - 2011
"We present a model of shadow banking in which financial intermediaries originate and trade loans, assemble these loans into diversified portfolios, and then finance these portfolios externally with riskless debt. In this model: i) outside investor wealth drives the demand for riskless debt and...
Persistent link: https://www.econbiz.de/10009158793
Cover Image
A model of shadow banking
Gennaioli, Nicola; Shleifer, Andrei; Vishny, Robert W. - In: The journal of finance : the journal of the American … 68 (2013) 4, pp. 1331-1363
Persistent link: https://www.econbiz.de/10009790996
Cover Image
Unstable banking
Shleifer, Andrei; Vishny, Robert W. - In: Journal of financial economics 97 (2010) 3, pp. 306-318
Persistent link: https://www.econbiz.de/10008660558
Cover Image
A model of shadow banking
Gennaioli, Nicola; Shleifer, Andrei; Vishny, Robert W. - 2012
Persistent link: https://www.econbiz.de/10009723693
Cover Image
Unstable Banking
Shleifer, Andrei - 2009
. Banks maximize profits, and there are no conflicts of interest between bank shareholders and creditors. The theory explains …We propose a theory of financial intermediaries operating in markets influenced by investor sentiment. In our model …
Persistent link: https://www.econbiz.de/10012463705
Cover Image
A Model of Shadow Banking
Gennaioli, Nicola - 2011
We present a model of shadow banking in which financial intermediaries originate and trade loans, assemble these loans into diversified portfolios, and then finance these portfolios externally with riskless debt. In this model: i) outside investor wealth drives the demand for riskless debt and...
Persistent link: https://www.econbiz.de/10012461542
Cover Image
A Model of Shadow Banking
Gennaioli, Nicola - 2011
We present a model of shadow banking in which financial intermediaries originate and trade loans, assemble these loans into diversified portfolios, and then finance these portfolios externally with riskless debt. In this model: i) outside investor wealth drives the demand for riskless debt and...
Persistent link: https://www.econbiz.de/10013123980
Cover Image
A Model of Shadow Banking
Gennaioli, Nicola - 2012
for riskless debt and indirectly for securitization, bank assets and leverage move together, banks become interconnected …
Persistent link: https://www.econbiz.de/10013101652
Cover Image
A Model of Shadow Banking
Gennaioli, Nicola - 2012
for riskless debt and indirectly for securitization, bank assets and leverage move together, banks become interconnected …
Persistent link: https://www.econbiz.de/10013106906