Loan sales under asymmetric information
Loans are illiquid assets that can be sold in a secondary market even that buyers have no certainty about their quality. I study a model in which a lender has access to new investment opportunities when all her assets are illiquid. To raise funds, the lender may either borrow using her assets as col...
- Autores:
- Tipo de recurso:
- Fecha de publicación:
- 2010
- Institución:
- Universidad del Rosario
- Repositorio:
- Repositorio EdocUR - U. Rosario
- Idioma:
- spa
- OAI Identifier:
- oai:repository.urosario.edu.co:10336/10829
- Acceso en línea:
- https://doi.org/10.48713/10336_10829
http://repository.urosario.edu.co/handle/10336/10829
- Palabra clave:
- Economía financiera
Loan Sales
Asymmetric Information
Liquidity
Securitization
Inversiones::Modelos Matemáticos
Liquidez (Economía)
Valores
Instituciones financieras
Préstamos::Modelos Matemáticos
- Rights
- License
- http://purl.org/coar/access_right/c_abf2