Narrow search
Showing 1 - 10 of 30,100
Cover Image
Secured Credit Spreads and the Issuance of Secured Debt
Benmelech, Efraim; Kumar, Nitish; Rajan, Raghuram G. - 2020
theories that see collateral as a form of insurance, to be used only in extremis …
Persistent link: https://www.econbiz.de/10014352315
Cover Image
The secured credit premium and the issuance of secured debt
Benmelech, Efraim; Kumar, Nitish; Rajan, Raghuram Govind - In: Journal of financial economics 146 (2022) 1, pp. 143-171
Persistent link: https://www.econbiz.de/10013482169
Cover Image
The default premium and corporate bond experience
Fons, Jerome S. - In: The journal of finance : the journal of the American … 42 (1987) 1, pp. 81-97
Persistent link: https://www.econbiz.de/10001047805
Cover Image
Screening and monitoring corporate loans
Gryglewicz, Sebastian; Mayer, Simon; Morellec, Erwan - 2021
How much of a loan should a lender dynamically retain and how does retention affect loan performance? We address these questions in a dynamic agency model in which a lender originates loans that it can sell to investors. The lender reduces default risk through screening at origination and...
Persistent link: https://www.econbiz.de/10012800127
Cover Image
The impact of collateralized debt obligation arbitrage on tranching and financial leverage of structured finance securities
Hamerle, Alfred; Liebig, Thilo; Schropp, Hans-Jochen - In: Journal of risk 16 (2013/2014) 1, pp. 3-33
Persistent link: https://www.econbiz.de/10013262916
Cover Image
Collateral eligibility of corporate debt in the Eurosystem
Pelizzon, Loriana; Riedel, Max; Simon, Zorka; … - 2020 - This draft: April 2020
We study how the Eurosystem Collateral Framework for corporate bonds helps the European Central Bank (ECB) fulfill its … due to the increased supply and demand for pledgeable collateral following eligibility, (i) securities lending market … collateral supply, thereby making the market more cohesive and complete. Following eligibility, bond-issuing firms reduce bank …
Persistent link: https://www.econbiz.de/10012208484
Cover Image
Debt collateralization and maximal leverage
Gong, Feixue; Phelan, Gregory - 2015
Persistent link: https://www.econbiz.de/10011333092
Cover Image
Essays in macro-finance
Huseynov, Salman - 2021 - This version: March 10, 2022
Persistent link: https://www.econbiz.de/10013041310
Cover Image
Secured Credit Spreads
Benmelech, Efraim - 2020
economy slows, or average credit spreads widen. This contingent valuation of collateral or security, coupled with the borrower …
Persistent link: https://www.econbiz.de/10012479323
Cover Image
Collateral affects return risk : evidence from the euro bond market
Helberg, Stig; Lindset, Snorre - In: Financial markets and portfolio management 34 (2020) 1, pp. 99-128
Persistent link: https://www.econbiz.de/10012225036