Peña-Cerezo, Miguel A.; Rodríguez-Castellanos, Arturo; … - In: European Research on Management and Business Economics … 22 (2016) 3, pp. 111-116
The reasons for the strong rise in the securitization phenomenon up until the start of the “subprime crisis” need to be analysed. According to many authors, they mainly stem from its offering the possibility of generating fixed yield securities with the highest rating and a low risk premium,...