Showing 1 - 10 of 6,538
Persistent link: https://www.econbiz.de/10009790985
Persistent link: https://www.econbiz.de/10011541816
bank issues covered bonds backed by a pool of assets that is bankruptcy remote and replenished following losses …. Encumbering assets allows a bank to raise cheap secured debt and expand profitable investment, but it also concentrates risk on …
Persistent link: https://www.econbiz.de/10011451099
Persistent link: https://www.econbiz.de/10012135186
Persistent link: https://www.econbiz.de/10011647278
Persistent link: https://www.econbiz.de/10011620517
Persistent link: https://www.econbiz.de/10011664775
Persistent link: https://www.econbiz.de/10010516812
We analyze how a wealth shift to emerging countries may lead to instability in developed countries. Investors exposed to expropriation risk are willing to pay a safety premium to invest in countries with good property rights. Domestic intermediaries compete for such cheap funding by carving out...
Persistent link: https://www.econbiz.de/10011304762
Persistent link: https://www.econbiz.de/10010530229