Financial Innovation, Collateral and Investment
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Note: See CFP 1510
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References listed on IDEAS
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- Ana Fostel & John Geanakoplos, 2011. "Tranching, CDS and Asset Prices: How Financial Innovation Can Cause Bubbles and Crashes," Levine's Working Paper Archive 786969000000000192, David K. Levine.
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Cited by:
- Colonnello, Stefano & Efing, Matthias & Zucchi, Francesca, 2016.
"Empty creditors and strong shareholders: The real effects of credit risk trading,"
IWH Discussion Papers
10/2016, Halle Institute for Economic Research (IWH).
- Stefano Colonnello & Matthias Efing & Francesca Zucchi, 2016. "Empty Creditors and Strong Shareholders: The Real Effects of Credit Risk Trading," Swiss Finance Institute Research Paper Series 16-17, Swiss Finance Institute, revised Jun 2016.
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More about this item
Keywords
Financial innovation; Collateral; Investment; Repayment enforceability problems; Cash flow problems; Leverage; CDS; Non-existence; Marginal efficiency;All these keywords.
JEL classification:
- D52 - Microeconomics - - General Equilibrium and Disequilibrium - - - Incomplete Markets
- D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- G01 - Financial Economics - - General - - - Financial Crises
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2015-03-22 (Banking)
- NEP-MAC-2015-03-22 (Macroeconomics)
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