securitization markets. In particular, it considers the way the American and European regulatory systems have responded to moral … hazard concerns in securitization, and it examines potential factors constraining the European securitization market after …

This study examines the relationship between securitization and loan performance using proprietary loan-level data from … retained on the bank's balance sheet, suggesting no adverse selection or moral hazard within the Chinese securitization market … alters banks' business model and eliminates other options of credit risk transfer except for securitization, we show worse …