Narrow search
Showing 1 - 10 of 410
Cover Image
Determinants of structured finance issuance: A cross-country comparison
Schuetz, Sebastian A. - 2011
credit risk transfer instrument and to increase performance, while European originators focus on regulatory capital arbitrage … and performance improvement. For German banks securitization seems to be an appropriate funding tool. The proposed … understanding for the motivation to originate securitization products is less discovered. Therefor this paper tries to identify main …
Persistent link: https://www.econbiz.de/10010286571
Cover Image
Lessons from the 2007 Financial Crisis
Buiter, Willem H. - C.E.P.R. Discussion Papers - 2007
England’s liquidity management, regulatory failure of the FSA, an inadequate deposit insurance arrangement and deficient …
Persistent link: https://www.econbiz.de/10005791213
Cover Image
Uncertainty and the financial crisis
Pacces, Alessio M. - In: Journal of Financial Transformation 29 (2010), pp. 79-93
by looking at the specific dynamics of financial innovation through securitization of illiquid assets. Particularly, a …
Persistent link: https://www.econbiz.de/10008498520
Cover Image
Determinants of Structured Finance Issuance - A Cross-Country Comparison
Schuetz, Sebastian A. - 2011
credit risk transfer instrument and to increase performance, while European originators focus on regulatory capital arbitrage … and performance improvement. For German banks securitization seems to be an appropriate funding tool. The proposed … understanding for the motivation to originate securitization products is less discovered. Therefor this paper tries to identify main …
Persistent link: https://www.econbiz.de/10010614506
Cover Image
Shadow banking: Financial intermediation beyond banks
Jokivuolle, Esa (contributor) - 2018
Shadow banking is a broad concept. A possible definition is that it comprises non-bank institutions which undertake bank-like activities. Another characteristic is that the sector is overall less regulated. Therefore there are still shortcomings in systematic collection of information of the sector.
Persistent link: https://www.econbiz.de/10011985212
Cover Image
Shadow banking : financial intermediation beyond banks
Adrian, Tobias; Chrétien, Edouard; Chui, Michael; … - Shadow Banking: Financial Intermediation beyond Banks …; … - 2018
Persistent link: https://www.econbiz.de/10011790739
Cover Image
El sistema financiero español ante la crisis crediticia internacional
Mora, Alfonso García; Ortega, Gloria Hervás; … - In: EKONOMIAZ 66 (2007) 03, pp. 92-125
This paper analyses the development that the Spanish banking system has experienced in recent years. This development has been superior to that of the countries of our environment and has been based, principally, on the real-estate boom. Precisely, due to the interdependence between construction...
Persistent link: https://www.econbiz.de/10010754614
Cover Image
Does Anonymity Matter in Electronic Limit Order Markets?
Foucault, Thierry; Moinas, Sophie; Theissen, Erik - C.E.P.R. Discussion Papers - 2003
We analyse the effect of concealing limit order traders’ identities on market liquidity. We develop a model in which limit order traders have asymmetric information on the cost of limit order trading (which is determined by the exposure to informed trading). A thin limit order book signals to...
Persistent link: https://www.econbiz.de/10005666673
Cover Image
Predatory Trading
Brunnermeier, Markus K; Pedersen, Lasse Heje - C.E.P.R. Discussion Papers - 2004
This Paper studies predatory trading: trading that induces and/or exploits other investors’ need to reduce their positions. We show that if one trader needs to sell, others also sell and subsequently buy back the asset. This leads to price overshooting and a reduced liquidation value for the...
Persistent link: https://www.econbiz.de/10005791996
Cover Image
Liquidity Risk, Leverage and Long-Run IPO Returns
Eckbo, B Espen; Norli, Øyvind - C.E.P.R. Discussion Papers - 2005
We examine the risk-return characteristics of a rolling portfolio investment strategy where more than six thousand Nasdaq initial public offering (IPO) stocks are bought and held for up to five years. The average long-run portfolio return is low, but IPO stocks appear as ‘longshots’, as...
Persistent link: https://www.econbiz.de/10005124287