Showing 1 - 7 of 7
technologies of financial intermediation like pooling and collateralizing risks. The proposed Eurobond system decreases the costs …
Persistent link: https://www.econbiz.de/10010334515
We establish that a monopoly bank never uses collateral as a screening device. A pooling equilibrium always exists in …
Persistent link: https://www.econbiz.de/10011933048
characterization of the optimal securities. Pooling and tranching of assets emerges in equilibrium as a consequence of the traders …
Persistent link: https://www.econbiz.de/10013189071
characterization of the optimal securities. Pooling and tranching of assets emerges in equilibrium as a consequence of the traders …
Persistent link: https://www.econbiz.de/10012806923
technologies of financial intermediation like pooling and collateralizing risks. The proposed Eurobond system decreases the costs …
Persistent link: https://www.econbiz.de/10009656348
We establish that a monopoly bank never uses collateral as a screening device. A pooling equilibrium always exists in …
Persistent link: https://www.econbiz.de/10011720504
technologies of financial intermediation like pooling and collateralizing risks. The proposed Eurobond system decreases the costs …
Persistent link: https://www.econbiz.de/10010904553