government debt. The safest governments inefficiently restrict the amount of high quality debt that could be used as collateral …

between various functions like trading, collateral management or treasury. The first part of the article revisits the dynamic …

structural uncertainty in the law relating to the use of intellectual property as collateral for the purpose of raising debt … based finance. This article considers the evolution of intellectual property as collateral. It examines the significance of … the availability of collateral to the lending decision and also considers whether the reluctance of lenders to use …

We demonstrate the central importance of creditors' ability to use “movable” assets as collateral (as distinct from … with weak collateral laws, relative to immovable assets, and that lending is biased towards the use of immovable assets …. Using sector-level data, we find that weak movable collateral laws create distortions in the allocation of resources that …

Exploiting legal reforms that facilitate the use of movable assets as collateral in secured debt transactions, we …