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Regulations for Securitisation and Covered Bonds : Too Much or Too Little

Arif, Ahmed - 2017

This study analyses the most important regulations for asset-backed securities and covered bonds devised after the global financial crisis in Europe. The study presents three perspectives of these regulations. It discusses the premises and context of these regulations and highlights the...

Persistent link: https://www.econbiz.de/10012948319

SME Financing and Securitization : Firm‐Level Evidence from the Euro Area

Kaya, Orcun - 2018

This paper analyzes the impact of securitization on access to finance for small and medium‐sized enterprises (SMEs) in … the euro area. Using firm‐level survey data on SME financing conditions, we show that an increase in securitization … firms. Our results reveal that in addition to the volume of securitization, its type and quality matter for credit extension …

Persistent link: https://www.econbiz.de/10012915560

Agency Problems in Structured Finance - A Case Study of European CLOs

Keller, Joachim - 2008

This paper is a case study that focuses on possible incentive problems in the management of Collateralized Loan Obligations (CLOs). CLOs are the most important type of special purpose vehicles in the leveraged loan market, and their managers appear to have a considerable impact on performance....

Persistent link: https://www.econbiz.de/10014215278

Risk allocation through securitization : evidence from non-performing loans

Wengerek, Sascha Tobias; Hippert, Benjamin; Uhde, André - In: The quarterly review of economics and finance : journal … 86 (2022), pp. 48-64

Persistent link: https://www.econbiz.de/10014249017

Preface : Refugee Crisis in the European Union. Between the Fundamental Human Rights and the Efforts Towards Securitization

Alexandrescu, Mihai - 2016

For the past few years the Mediterranean Sea has become a graveyard for the people coming from the Middle East and North Africa to Europe, in search of a better life or simply life. But on many other occasions the waves of the Sea have hidden the dreams of the Others. At the edge of the Old...

Persistent link: https://www.econbiz.de/10014126881

Securitization or Securing Rights? Exploring the Conceptual Foundations of Policies Towards Minorities and Migrants in Europe

Sasse, Gwendolyn - 2006

lamenting the securitization of these issues in the academic and policy debate and advocating a focus on rights as an …

Persistent link: https://www.econbiz.de/10014060995

The European Union's Development Policy : A Balancing Act between ‘A More Comprehensive Approach’ and Creeping Securitisation

Furness, Mark; Gänzle, Stefan - 2013

‘Security’ has become prominent in official EU development discourse in recent years, and references to security concerns are routinely included in policy statements and documents. Our objective in this paper is to determine whether security concerns have had a growing influence over EU...

Persistent link: https://www.econbiz.de/10014039698

A Factor Model of Securitisation of Sovereign Debt in the European Union

Gottschalk, Sylvia - 2022

This paper investigates the risk implications of securitizing the Eurozone sovereign debt as collateralised debt obligations (CDO). The proposal of creating asset-backed securities underpinned by Eurozone sovereign bonds has gained traction since the Eurozone Sovereign Debt Crisis of 2009-2012,...

Persistent link: https://www.econbiz.de/10013295048

Competition, securitization, and efficiency in US banks

Bayeh, Antonio; Bitar, Mohammad; Burlacu, Radu; Walker, … - 2022

This paper investigates the different effects of competition and securitization on US bank efficiency between 2001 and … that higher securitization increases banks’ cost efficiency scores. When banks are under competitive pressure, the fixed …-effects and GMM models show that securitization is positively associated with the cost efficiency of banks, while it mitigates …

Persistent link: https://www.econbiz.de/10013300103

Securitisation and the bank lending channel : estimates for the euro area

Altunbaş, Yener - 2008

Persistent link: https://www.econbiz.de/10013443407