, it is significantly higher for bond transactions. The loss share and the asset pool quality strongly affect the rating …, that was motivated by the US mortgage market crisis. Banks' lending standards have been criticized to have contributed to … current mortgage crisis. We analyze an interest rate freeze on adjustable rate mortgages as one possible reaction. We study …

resultierende Faktor-Hedging von Barrier Optionen gerichtet. … volatility dynamics and resulting factor hedging of barrier options. …

Since the start of the financial crisis, various forms of securitization have been criticized for causing the problems … to this market. Our study focuses on the use of receivables securitization by non-financial firms, and we investigate who … filings of 242 users of securitization across the fiscal years 2006 and 2007, and combining it with accounting information …

type, as theory would imply. Given that large banks increased their aggregate securitization activity when the term …-based activity of interest is asset securitization, though a number of other specific fee-based income-generating activities, such as … data from 2001:1 to 2008:1, both the fixed-effects and Arellano-Bond techniques are used to estimate the effect of the term …

This dissertation is a collection of four independent research papers. All papers deal with credit securitization. In … on such securitization structures by analysing various aspects. The first paper takes a closer look at securitizations of … enhancements in such securitization transactions. Motivated by the subprime crisis, the third paper discusses the impact of an …

more effective than providing it at the time of bankruptcy.Theories of financial intermediation suggest that securitization … Seru, and Vikrant Vig, examines this question using a unique dataset of securitized subprime mortgage loans. We exploit a … rule of thumb in the lending market to generate exogenous variation in the ease of securitization and compare the …