Search Results - subject:"TALF"

Crisis liquidity facilities with nonbank counterparties: Lessons from the term Asset-Backed Securities Loan Facility

Meisenzahl, Ralf R.; Pence, Karen M. - 2022

The Term Asset-Backed Securities Loan Facility (TALF), which addressed strains in the asset-backed securities market … for all TALF borrowers, our study can examine the role of institutional constraints. …

Persistent link: https://www.econbiz.de/10013364532

Crisis liquidity facilities with nonbank counterparties : lessons from the term asset-backed securities loan facility

Meisenzahl, Ralf R.; Pence, Karen M. - 2022

Persistent link: https://www.econbiz.de/10013332747

The rescue of the US Auto industry, Module E : emergency assistance for Chrysler Financial

Nye, Alexander - In: The journal of financial crises 4 (2022) 1, pp. 221-255

Persistent link: https://www.econbiz.de/10013445368

Toxic asset subsidies and the early redemption of talf loans

Wilson, Linus - In: International Journal of Financial Studies : open … 10 (2022) 2, pp. 1-20

contrast, by the 3rd quarter of the 2010, there was on average no subsidy in TALF loans. The theoretical model is used to … predict the early redemption of Term Asset-Backed Securities Loan Facility (TALF) loans used to purchase commercial mortgage … early. The giant investment managers, Blackrock and PIMCO, were much more likely to redeem their TALF loans early than …

Persistent link: https://www.econbiz.de/10013252762

Crisis liquidity facilities with nonbank counterparties : lessons from the term Asset-Backed Securities Loan Facility

Meisenzahl, Ralf R.; Pence, Karen M. - 2022

Persistent link: https://www.econbiz.de/10013175070

The Term Asset-Backed Securities Loan Facility

Caviness, Elizabeth; Sarkar, Asani; Goyal, Ankur; Park, … - 2021

Loan Facility (TALF) to support the flow of credit to consumers and businesses by re-enabling the issuance of ABS. In this … paper, we describe how TALF works, how much it was used, and its effect on the issuance and spreads of TALF …-eligible securities relative to those of TALF-ineligible securities. We find that both the introduction of TALF and its subsequent …

Persistent link: https://www.econbiz.de/10012703472

The Term Asset-Backed Securities Loan Facility

Caviness, Elizabeth; Sarkar, Asani; Goyal, Ankur; Park, … - 2021

Persistent link: https://www.econbiz.de/10012625897

Troubling Research on Troubled Assets: Charles Zheng on the U.S. Toxic Asset Auction Plan

Wilson, Linus - In: Econ Journal Watch 8 (2011) 1, pp. 33-38

Charles Zheng (2009) purports to model the U.S. toxic asset auction plan. In the model, “moderately poor bidders outbid rich bidders in such auctions,” because poor bidders have less to lose by defaulting on taxpayer loans. Thus, says Zheng: “After defeating their rich rivals and acquiring...

Persistent link: https://www.econbiz.de/10008803010

Troubled Asset Relief Program (TARP)

Wilson, Linus - Palgrave Macmillan

The Troubled Asset Relief Program (TARP), or the $700 billion bailout, has been the subject of much academic interest. Here the rigorous studies on the programs of this massive intervention into the financial sector are reviewed. While considerable work has been done on the bank bailouts in the...

Persistent link: https://www.econbiz.de/10010684108