Essays on financial intermediation

This thesis investigates the effects of financial frictions such as symmetric information on aspects of financial intermedation process, in particular banks and the securitisation industry. In the first paper, “Contingent capital structure”, I study the optimal financing arrangement of a bank with r...

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Bibliographic Details
Main Author: Zeng, Jing
Published: London School of Economics and Political Science (University of London) 2014
Subjects:
332
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.631547