Incentives and Tranche Retention in Securitisation: A Screening Model
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- Ingo Fender & Janet Mitchell, 2009. "Incentives and tranche retention in securitisation : a screening model," Working Paper Research 177, National Bank of Belgium.
- Ingo Fender & Janet Mitchell, 2009. "Incentives and tranche retention in securitisation: a screening model," BIS Working Papers 289, Bank for International Settlements.
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Citations
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Cited by:
- Spiros Bougheas, 2014.
"Pooling, tranching, and credit expansion,"
Oxford Economic Papers, Oxford University Press, vol. 66(2), pages 557-579.
- Spiros Bougheas, 2012. "Pooling, Tranching and Credit Expansion," CESifo Working Paper Series 3859, CESifo.
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Journal of Financial Intermediation, Elsevier, vol. 22(1), pages 30-54.
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"Moral Hazard and the Optimality of Debt,"
Review of Economic Studies, Oxford University Press, vol. 85(4), pages 2214-2252.
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"Securitization and optimal retention under moral hazard,"
Journal of Mathematical Economics, Elsevier, vol. 55(C), pages 74-85.
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More about this item
Keywords
Borrower screening; Retention requirements; Securitisation; Tranching;JEL classification:
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- 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
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CTA-2009-11-27 (Contract Theory & Applications)
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