Battaglia, Francesca; Mazzuca, Maria - In: Journal of Risk Finance 15 (2014), pp. 458-478
Purpose – The purpose of this study was to examine the 2007-2009 financial crisis to analyze how securitization relates … regressors, including two securitization dummy variables plus a vector of control variables. Findings -Our results show that the … impact of securitization on the originators risk-taking is not uniform. When credit risk is considered, the securitization …