Ivanov, Katerina; Jiang, Julia - In: The Journal of Risk Finance 21 (2020) 1, pp. 1-22
Purpose: The purpose of this paper is to test empirically the impact of asset securitization and sale activities as well as the holdings of sub-prime related securitized products on the US bank holding companies’ (BHC) exposure to systemic risk. Design/methodology/approach: This paper adopts...