We extend the basic (representative-household) New Keynesian [NK] model of the monetary transmission mechanism to allow for a spread between the interest rate available to savers and borrowers, that c
Global personal loans market size is expected to reach $1178.65 Bn by 2028 at a rate of 11.0%, segmented as by type, p2p marketplace lending, balance sheet lending
For nearly a decade prior to the collapse of structured finance markets in late 2007, securitization by collateralized loan obligations (CLOs) was a key source of capital for the high-yield corporate
