Similar Search Results

Gennaioli, Nicola - 2011

We present a model of shadow banking in which financial intermediaries originate and trade loans, assemble these loans into diversified portfolios, and then finance these portfolios externally with riskless debt. In this model: i) outside investor wealth drives the demand for riskless debt and...

Persistent link: https://www.econbiz.de/10013123980

Why Doesn't Technology Flow from Rich to Poor Countries?

Cole, Harold L. - 2012

firm plays an important role in a firm's decision to adopt a technology. Can such a theory help to explain the differences …

Persistent link: https://www.econbiz.de/10013099181

A Model of Shadow Banking

Gennaioli, Nicola - 2012

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

Persistent link: https://www.econbiz.de/10013101652

A Model of Shadow Banking

Gennaioli, Nicola - 2012

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

Persistent link: https://www.econbiz.de/10013106906

Unstable Banking

Shleifer, Andrei - 2009

. Banks maximize profits, and there are no conflicts of interest between bank shareholders and creditors. The theory explains …We propose a theory of financial intermediaries operating in markets influenced by investor sentiment. In our model …

Persistent link: https://www.econbiz.de/10013160211