, which enables increased leverage and investment. In the absence of frictions in the securitization process, we show that the … be constrained inefficient due to the existence of a pecuniary externality that can result in over or under-investment …. We examine policies to correct over-investment and find that a leverage ratio restriction generates a Pareto improvement …

environment, can become a valuable asset in the investment portfolio. The purpose of the study is to identify the most effective … investment valuation method of high growth companies for private investors in conditions of instability. Studying company reports … and conducting investment assessments will allow investors to reduce risks in the face of global economic uncertainty. The …

independently decide on their investment into different locations (countries). We show that, in the presence financial frictions …, firms' real investment choices become strategic complements, leading to multiple, self-fulfilling equilibria. This fragility … over to countries connected to them by real investment linkages. We show that such global crashes are particularly severe …

This multi-faceted analysis of institutional investment defines fiduciary finance institutions as the third pillar of … the financial system, alongside banks and insurers. It documents the role played by investment funds and the money … which can dominate investment practices. It clarifies the economic significance of the investment industry (circa $60 …