through diversification. In recent years, the development of markets for credit securitization and credit derivatives has … are quite severe. A potential successful application of credit securitization and credit derivatives for managing credit …

a securitization process. Against the background of increased corporate indebtedness, our interest is in quantifying … the U.S., where corporate credit securitization has been reintensified in recent years. Simulations deliver adverse medium …%. Securitization activities above this threshold lead to significant welfare losses from the medium-term onwards. Two transmission …

that there is a large re-securitization rate distinction between AAA- and non AAA-rated tranches. Less than 1% of AAA …

using a sample of European securitization tranches issued in the period 2011-2021. European regulation is based on the … investigated the impact of these methods on the pricing of securitization tranches and found that investors adjust the risk premium …

Asset-backed securitization transactions that are structured to achieve a true sale of the underlying assets, i.e. a … legal change of ownership, are usually performed “non-recourse.” However, many securitization transactions show signs of … that occurs when financial intermediaries sell theirs assets. Implicit recourse in securitization transactions might also …

We evaluate lenders' incentives to mitigate credit default risk through pricing or securitization. Exploiting exogenous … policy, foreclosure law provokes a 4.5% increase in securitization rates but does not affect interest rates. For non … through the use of securitization but causes a 625 basis point increase in interest rates. The results highlight how the GSEs …