worldwide political institutions to approve a more rigorous regulation on financial institutions and predict financial crises … theoretical models and a survey of institutions involved in securitization. With the conclusions of this analysis we evaluate the … EU regulation on credit rating agencies and current Basel II enhancements. Finally we can determine that most regulatory …

using a sample of European securitization tranches issued in the period 2011-2021. European regulation is based on the … investigated the impact of these methods on the pricing of securitization tranches and found that investors adjust the risk premium …

evident in the primary areas of securitization regulation thus far, the so‐called “skin in the game” regulations and …The United States and the European Union (“EU”) are at the forefront of financial market re‐regulation in the wake of … of a comprehensive, yet fairly disjointed, re-regulation of domestic and international financial markets, including …

understanding for the motivation to originate securitization products is less discovered. Therefor this paper tries to identify main … to securitize that are in line with observable behavior of market participants. US banks use securitization mainly as … and performance improvement. For German banks securitization seems to be an appropriate funding tool. The proposed …

, leverage and interest rate risk benefits on their sponsors, resulting in the growth of securitization and the asset …-leveraging and risk-retention problems that flowed through the securitization pipeline and shadow banking system. This article first …

We address a three-period model of fi nancial intermediaries that involves securitization of risky loan assets … due to the regulation, which leads to a downward jump in social welfare. Furthermore, we present various structures of … social welfare with respect to the level of skin in the game, and clarify the necessity of countercyclical regulation by …

political economy of financial regulation. The financial crisis stemmed from excessive risk-taking and dodgy practices in the … subprime home mortgage market, a market that owed its existence to private-label securitization. The pre-crisis boom in private … mortgage credit risk and transmitted it into the financial system's vulnerable nodes.The post-crisis regulation has proceeded …