, the bank-specific factors that increase the likelihood of securitization, the previously untested impact of securitization … on efficiency, and the effect of the interaction between competition and securitization on efficiency. We confirm that … securitization reduces bank screening and monitoring incentives. Surprisingly, deeper investigations show that the positive effect of …

and risk of the securitization market and its contribution to shadow banking. The analysis outlines the reasons why … are applied to the securitization market and assessed through the FVCs' balance sheet. The analysis, however, highlights … indicators. According to the proposed indicators, at the end of 2016, the Italian securitization market is smaller and less risky …

previously lightly regulated areas. While their asset‐backed securitization (“securitization”) regulations have had some positive … evident in the primary areas of securitization regulation thus far, the so‐called “skin in the game” regulations and …

We assess the effect of securitization activity on banks' lending rates employing a uniquely detailed dataset from the …, the relative level of securitization activity by the originating bank is not related to narrower lending spreads. Our … results suggest that while the credit cycle seems to have a major impact of lending standards, the effect of securitization …