Kara, Alper; Ozkan, Aydin; Altunbas, Yener - In: Review of Behavioral Finance 8 (2016) 1, pp. 2-16
Purpose – Bank securitisation is deemed to have been a major contributing factor to the 2007/2008 financial crises via fuelling credit growth accompanied by lower banks’ credit standards. Yet, prior to the crisis a common view was that securitisation activity makes the financial system more...