shadow banks that provide credit intermediation through securitization. If capital regulation only covers traditional banks … per unit of investment remains the same for all securitization strategies. Capital requirements cause underinvestment that … cannot be mitigated by securitization …

We present a theoretical framework for studying how the cross holdings of credit asset securitization (CAS) products …

selection of papers were presented at the Wolpertinger Conference held in Valletta, Malta, 2012 and provide insights into bank … performance, banking risk, securitisation, bank stability, sovereign debt and derivatives. …