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Showing 1 to 3 of 3 for “"Rehypothecation"”.

  1. Three essays on economics of rehypothecation

    … of my thesis, I develop a theoretical model of rehypothecation,a practice in which financial institutions re-use or re-pledge collateral pledged by their clients for their own purposes. I show that rehypothecation has trade-off effects; it enhances provision of funding liquidity to the economy …

    uiuc Repository record for Three essays on economics of rehypothecation (opens in a new tab)

  2. Essays on frictions in financial institutions

    … found in the modern shadow banking system-rehypothecation and securitisation. Rehypothecation is the direct repledging of the collateral received in a debt contract by the intermediate lender, while securitisation is the use of the debt contract itself as collateral. I show that …

    mit Repository record for Essays on frictions in financial institutions (opens in a new tab)

  3. Security interests with rights of use: an English law and comparative analysis

    This thesis advances a theory of rights of use in intermediated securities in English private law. The term ‘right of use’ refers to the right of a creditor, usually a financial institution, to dispose of a customer’s securities outright, prior to any default, in exchange for a promise to deliver …

    cambridge Repository record for Security interests with rights of use: an English law and comparative analysis (opens in a new tab)