Optimal securitization with moral hazard
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DOI: 10.1016/j.jfineco.2011.12.007
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Citations
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Cited by:
- Pagès, Henri, 2013.
"Bank monitoring incentives and optimal ABS,"
Journal of Financial Intermediation, Elsevier, vol. 22(1), pages 30-54.
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"Only time will tell: A theory of deferred compensation,"
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- Malamud, Semyon & Rui, Huaxia & Whinston, Andrew, 2013. "Optimal incentives and securitization of defaultable assets," Journal of Financial Economics, Elsevier, vol. 107(1), pages 111-135.
- Zhang, Xiong, 2020. "Convertible tranche in securitization," The North American Journal of Economics and Finance, Elsevier, vol. 52(C).
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More about this item
Keywords
Security design; Mortgage backed securities; Moral hazard;JEL classification:
- D86 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Economics of Contract Law
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
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