Dynamic asset-backed security design

DOI10.1093/RESTUD/RDAD022MaRDI QIDQ6638697FDOQ6638697

Authors: Emre Ozdenoren, Kathy Yuan, Shengxing Zhang 

Publication date: 14 November 2024

Published in: Review of Economic Studies (Search for Journal in Brave)

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zbMATH Keywords

collateralrepomultiple equilibriaadverse selectionlimited commitmentliquidityfinancial fragilityhaircutsecurity designasset-backed securitydynamic price feedbackintertemporal coordinationmarket-based financial intermediationnon-bank financial intermediaryrepo runsself-fulfilling prices

Mathematics Subject Classification ID

Derivative securities (option pricing, hedging, etc.) (91G20)

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