We study the role of captive finance in the car loan market when manufacturers' liquidity demand increases. Using a new … multi-country dataset on securitized car loans, we show that captive lending enables a liquidity constrained integrated … exploit quasi-exogenous variation in manufacturers' liquidity cost and need following the Volkswagen emissions scandal to …

administrative arrangements now in place for the handling of small- or no-asset insolvent liquidations in Hong Kong are seriously … financial arrangements for small- and no-asset cases, with a view to providing for increased levels of investigation of such …