Ongoing financial innovation and greater information availability increase the tradability of bank assets and reduce … banks' dependence on individual bank managers as private information in the lending process declines. In this paper we argue … bank managers and shareholders becomes less severe. Consequently, banks' capital structure needs to be less concerned with …

through diversification. In recent years, the development of markets for credit securitization and credit derivatives has … are quite severe. A potential successful application of credit securitization and credit derivatives for managing credit …

for riskless debt and indirectly for securitization, bank assets and leverage move together, banks become interconnected …

We examine whether banks manage firms’ climate transition risks via corporate loan securitization. Results show that … that lowers transition risk, we show that banks respond by a lower securitization of loans given to firms that become more …

This paper investigates the relationship between securitization activity and the extension of subprime credit. The … the years 2003-2005. Second, the securitization of subprime loans increased substantially over the same time period … securitization activity of investment banks was driven by forces exogenous to factors impacting lending decisions in the primary …

This paper proposes a novel measure of financial fragility for shadow bank mortgage lenders and investigates its … implications on credit supply and financial stability. The overall financial fragility of the shadow bank sector has been … fragility and destabilizing effects of shadow bank lenders …

, and changes in implicit subsidies and costs of bank activities can explain these shifts. Declines in securitization cost …The traditional model of bank-led financial intermediation, where banks issue demandable deposits to savers and make … intermediated through arms-length transactions, such as securitization. This paper documents these trends, explores their causes …

securitization to maximize utility. To derive a bank capital allocation model, HJB equation in control theory and a specific utility …This paper derives a bank capital allocation model and applies it in the determinants of securitization. According to … Bank for International Settlements (BIS), banks are required to prepare regulatory capital for investment and loans, based …

-term interest rates on bank risk-taking, even when we instrument securitization. Moreover, short-term rates – directly and in … conjunction with securitization activity and supervision standards – have a stronger impact on bank risk-taking than long …We analyze the root causes of the current crisis by studying the determinants of bank lending standards in the Euro …