Securitization without risk transfer
收藏NBER2010-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15730
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资源简介：
We analyze asset-backed commercial paper conduits which played a central role in the early phase of the financial crisis of 2007-09. We document that commercial banks set up conduits to securitize assets while insuring the newly securitized assets using credit guarantees. The credit guarantees were
提供机构：
美国国家经济研究局
创建时间：
2010-02-01
