Author: Peter TufanoPublisher:
ISBN:
Category : Finance
Languages : en
Pages : 160
Book Description
Three Essays on Financial Innovation
Author: Peter TufanoPublisher:
ISBN:
Category : Finance
Languages : en
Pages : 160
Book Description
Three Essays on Financial Innovation
Author: Boris ValléePublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
This dissertation is made of three distinct chapters that empirically investigate financial innovation in different fields: household finance, public finance and financial institutions. The first chapter presents a work joint with Claire Célérier,analyzing the growing complexity of retail structured products, and how bank use complexity to mitigate competitive pressure.The second chapter, joint with Christophe Pérignon, studies how local governments strategically use toxic loans according to their political incentives. The third chapter explores the effects of exercising contingent capital, and how these instruments can contribute to solving the bank leverage dilemna.
Three Essays on the Standard of Value and Financial Innovation
Author: Luis Alfredo Hernandez-AramburoPublisher:
ISBN:
Category : Finance
Languages : en
Pages : 304
Book Description
Three Essays on Financial Innovation
Author: Mari L. RobertsonPublisher:
ISBN:
Category : Asset-backed financing
Languages : en
Pages : 410
Book Description
This dissertation concerns financial innovation in credit instruments. The implications of three of these new instruments--securitized assets, secondary market syndicated loans, and credit derivatives--for participating institutions and the macroeconomy are examined from two different approaches. Two essays explore their impact on the credit and interest rate channels of the monetary policy transmission mechanism, and the third essay analyzes security design features to signal instrument value.
Three Essays on Financial Market Innovation
Author: Mondschean Thomas HerbertPublisher:
ISBN:
Category :
Languages : en
Pages : 422
Book Description
Financial Innovation, Globalization and Instability
Author: Edwin T. DickensPublisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 438
Book Description
Author: Lipeng Wang
Author: Yuqing Zhou
Author: Youngkeol Yun
Author: Raúl Labán