Bank Rents in Securitized Credit Markets (notice n° 545741)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01079cam a2200169 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121113818.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Ahn, Jung-Hyun |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Bank Rents in Securitized Credit Markets |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2010.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 95 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | We analyze the effect of loan securitization in a model where banks compete for borrowers over two periods. Our main result is that the adoption of the so-called “originate to distribute” model may adversely affect the efficiency of the credit market (through banks’ reduced screening incentives) while leading to an increase in banks’ overall profits. This effect is driven by competition in the primary credit market, and not by banks’ attempts to exploit informational asymmetries in the secondary market for loans. Classification JEL: G21; L12; L13 |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Breton, Régis |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Revue économique | 61 | 3 | 2010-05-17 | p. 431-439 | 0035-2764 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-economique-2010-3-page-431?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-economique-2010-3-page-431?lang=en&redirect-ssocas=7080</a> |
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