Showing 1 - 10 of 19,568
Persistent link: https://www.econbiz.de/10001695326
Persistent link: https://www.econbiz.de/10001962014
This paper provides evidence for regulatory arbitrage within the class of assetbacked securities (ABS) based on individual asset holding data of German banks. I find that those banks operating with tight regulatory constraints pick the securities with the highest yield and lowest collateral...
Persistent link: https://www.econbiz.de/10011391709
Finanzintermediäre können eine portfoliotheoretisch motivierte Optimierung ihres Buchkreditportefeuilles nur unter der Bedingung realisieren, dass die Kreditrisiken am Sekundärmarkt handelbar sind. Mit Kreditverkäufen, Kreditverbriefungen und Kreditderivaten haben sich die Möglichkeiten...
Persistent link: https://www.econbiz.de/10011402083
Persistent link: https://www.econbiz.de/10003734838
Persistent link: https://www.econbiz.de/10002875275
Persistent link: https://www.econbiz.de/10001706389
1. Introduction -- 2. Securitization and Lending -- 3. Interest Rate Risk -- 4. Credit Risk -- 5. Collateral and …The traditional role of a bank was to transfer funds from savers to investors, engaging in maturity transformation … innovation and technology. These new bank business models have had repercussions on the loan contract. In particular, the main …
Persistent link: https://www.econbiz.de/10012399037