We study how deposit competition affects a bank’s decision to securitize mortgages. Exploiting the state-specific removal of deposit market caps across the US as a source of competition, we find a 7.1 percentage point increase in the probability that banks securitize mortgage loans. This...

We provide novel evidence that deposit competition incentivizes banks to securitize loans. Exploiting the state-specific removal of deposit market caps across the U.S. as an exogenous source of competition, we document a 7.1 percentage point increase in the probability that banks securitize...

A multi-chip package (MCP) consists of several chip modules in a single package. We consider a scheduling problem for assembling MCPs. In order to assemble an MCP, a lot should repeat assembly process stages such as die attach and wire bonding as many as the number of chips to be assembled. The...