How Does the Level of Securitization Affect Bank’s Debt Holder’s Sensitivity to Default Under Economic Shock
碩士 === 國立臺灣大學 === 財務金融學研究所 === 103 === We examine how bank’s securitization affects bank’s debt holder’s sensitivity under economic shock. Our empirical results show that (1) Banks can reduce the impact of economic shocks on their debt holders through securitization, because securitization provides...
| Main Authors: | , |
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2015
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| Online Access: | http://ndltd.ncl.edu.tw/handle/56936720832215130160 |