Similar Search Results

Collateral deterioration and search for yield in shadow banking

Gallo, Angela; Casu, Barbara - 2021

Persistent link: https://www.econbiz.de/10013164746

Gorton, Gary; Metrick, Andrew - 2013

We survey the literature on securitization and lay out a research program for its open questions. Securitization is the … markets. Securitization has grown from a small amount in 1990 to a pre-crisis issuance amount that makes it one of the largest … recent financial crisis. Nevertheless, despite the transformative effect of securitization on financial intermediation, the …

Persistent link: https://www.econbiz.de/10014025563

European arbitrage CLOs and risk retention

Bektic, Demir; Hachenberg, Britta - In: The European journal of finance 27 (2021) 18, pp. 1791-1803

Persistent link: https://www.econbiz.de/10013373201

Were there fire sales in the RMBS market?

Merrill, Craig B.; Nadauld, Taylor D.; Stulz, René M.; … - 2014

Many observers have argued that the fall in RMBS prices during the crisis was partly caused by fire sales. We provide an explanation for why financial institutions may have engaged in fire sales using a unique dataset of RMBS transactions for insurance companies. We show that risk-sensitive...

Persistent link: https://www.econbiz.de/10010353305

Securitizations in Basel II

Perraudin, William R. M. - In: The handbook of structured finance, (pp. 675-696). 2007

Persistent link: https://www.econbiz.de/10003727159

Der deutsche Verbriefungsmarkt im Griff der Subprime-Krise

Bechthold, Hartmut; Papenfuß, Holger - In: Zeitschrift für das gesamte Kreditwesen : Pflichtblatt … 61 (2008) 18, pp. 896-900

Persistent link: https://www.econbiz.de/10003754494

The economics of structured finance

Coval, Joshua (contributor); Jurek, Jakub W. (contributor); … - 2008

Persistent link: https://www.econbiz.de/10003783743

The economics of structured finance

Coval, Joshua; Jurek, Jakub W.; Stafford, Erik - In: The journal of economic perspectives : EP ; a journal … 23 (2009) 1, pp. 3-25

Persistent link: https://www.econbiz.de/10003860994

How did we get here? : the story of the credit crisis

Sabry, Faten; Okongwu, Chudozie - In: The journal of structured finance 15 (2009) 1, pp. 53-70

Persistent link: https://www.econbiz.de/10003863879

CDOs and systematic risk : why bond ratings are inadequate

Krahnen, Jan Pieter; Wilde, Christian - 2009

This paper analyzes the risk properties of typical asset-backed securities (ABS), like CDOs or MBS, relying on a model with both macroeconomic and idiosyncratic components. The examined properties include expected loss, loss given default, and macro factor dependencies. Using a two-dimensional...

Persistent link: https://www.econbiz.de/10003864303