Similar Search Results

Securitization, ratings, and credit supply

Daley, Brendan; Green, Brett; Vanasco, Victoria - 2017

We develop a framework to explore the effect of credit ratings on loan origination and securitization. In the model … are rated and sold to investors.Without ratings, banks with good loans retain a portion of them to signal quality to … investors. With informative ratings, banks rely less on costly retention and more on public information. Moreover, when ratings …

Persistent link: https://www.econbiz.de/10011870296

Cyclicality in losses on bank loans

Keijsers, Bart; Diris, Bart; Kole, Erik - 2015

Cyclicality in the losses of bank loans is important for bank risk management. Because loans have a different risk profile than bonds, evidence of cyclicality in bond losses need not apply to loans. Based on unique data we show that the default rate and loss given default of bank loans share a...

Persistent link: https://www.econbiz.de/10010515860

Lending conditions and loan default : what can we learn from UK buy-to-let loans?

Kelly, Robert; O'Toole, Conor - 2016

Persistent link: https://www.econbiz.de/10011534548

Psychometrics as a tool to improve screening and access to credit

Arráiz, Irani; Bruhn, Miriam; Stucchi, Rodolfo - 2015

This paper studies the use of psychometric tests, designed by the Entrepreneurial Finance Lab (EFL), as a tool to screen out high credit risk and potentially increase access to credit for small business owners in Peru. We use administrative data covering the period from June 2011 to April 2014...

Persistent link: https://www.econbiz.de/10011485359