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Warum ABS schlechte Produkte sein können, aber nicht müssen

Author

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  • Bernd Rudolph

Abstract

Bernd Rudolph, Ludwig-Maximilians-Universität München und Steinbeis Hochschule Berlin, zeigt in seinem Kommentar, welche Vor- und Nachteile mit einer Nutzung der ABS-Märkte verbunden sind, wie sie gestaltet und wie sie reguliert sein müssen, damit die genannten Defizite und möglichen adversen Anreize vermieden werden und insbesondere damit ein Desaster wie beim Zusammenbruch der Subprime-Märkte im Sommer 2007 verhindert werden kann.

Suggested Citation

  • Bernd Rudolph, 2014. "Warum ABS schlechte Produkte sein können, aber nicht müssen," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(22), pages 09-14, November.
  • Handle: RePEc:ces:ifosdt:v:67:y:2014:i:22:p:09-14
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    File URL: https://www.ifo.de/DocDL/ifosd_2014_22_2.pdf
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    References listed on IDEAS

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    1. Carlo Altomonte & Patrizia Bussoli, 2014. "Asset-backed securities- The key to unlocking Europe's credit markets?," Policy Contributions 842, Bruegel.
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    More about this item

    Keywords

    Asset-Backed Securities; Moral Hazard; Finanzmarkt;
    All these keywords.

    JEL classification:

    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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