Narrow search
Showing 1 - 10 of 8,374
Cover Image
Arbitraging the Basel securitization framework : evidence from German ABS investment
Efing, Matthias - 2015
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
Cover Image
Arbitraging the Basel Securitization Framework : evidence from German ABS investment
Efing, Matthias - 2014
yield. Studying securitization exposures on the balance sheets of German banks, I show evidence consistent with this …
Persistent link: https://www.econbiz.de/10011293796
Cover Image
Arbitraging the Basel securitization framework : evidence from German ABS investment
Efing, Matthias - 2016
This paper provides evidence for regulatory arbitrage within the class of asset-backed securities (ABS) based on individual asset holding data of German banks. I find that banks operating with tight regulatory constraints exploit the low risk-sensitivity of rating-contingent capital requirements...
Persistent link: https://www.econbiz.de/10011975264
Cover Image
Der deutsche Verbriefungsmarkt im Griff der Subprime-Krise
Bechthold, Hartmut; Papenfuß, Holger - In: Zeitschrift für das gesamte Kreditwesen : Pflichtblatt … 61 (2008) 18, pp. 896-900
Persistent link: https://www.econbiz.de/10003754494
Cover Image
Arbitraging the Basel Securitization Framework : Evidence from German Abs Investment
Efing, Matthias - 2016
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/10012988659
Cover Image
Arbitraging the Basel Securitization Framework : Evidence from German ABS Investment
Efing, Matthias - 2021
This paper provides evidence for regulatory arbitrage within the class of asset-backed securities (ABS) based on individual asset holding data of German banks. I find that banks operating with tight regulatory constraints exploit the low risk-sensitivity of rating-contingent capital requirements...
Persistent link: https://www.econbiz.de/10013248849
Cover Image
Reaching for yield in the ABS market : evidence from German Bank investments
Efing, Matthias - In: Review of finance : journal of the European Finance … 24 (2020) 4, pp. 929-959
Persistent link: https://www.econbiz.de/10012403795
Cover Image
Securitisation von Krediten mit Hilfe von Collateral Loan Obligations
Carl, Notger - 2001
Persistent link: https://www.econbiz.de/10001575361
Cover Image
Finanzkrise und Reformbedarf : Gutachten für den 68. Deutschen Juristentag
Hellwig, Martin - 2010
regulatory reform. The analysis ascribes the crisis not only to problems in subprime mortgage lending and securitization, but … and securitization, focusing on problems of security design and governance, and lack of external discipline from rating …. Among systemic flaws, the paper discusses governance problems in mortgage origination and securitization as well as banking …
Persistent link: https://www.econbiz.de/10003971226
Cover Image
Marktversagen und Staatsversagen : zu den Ursachen der Finanzkrise 2007/08
Hellwig, Martin - In: Die globale Finanzkrise als ethische Herausforderung, (pp. 1-23). 2011
Persistent link: https://www.econbiz.de/10009153863