Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 9 of 9 for “"Structured finance"”.
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Essays on Structured Finance and Housing Markets
The fall in housing market prices has played a major role in triggering the Great Recession. This led to the collapse of markets for mortgage-backed securities, and to a precipitous fall in their ratings. This thesis studies the downgrading of mortgaged-backed Collateralized Debt Obligation (CDO), …
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Structured Finance and Its Effects on Macroeconomic Stability
<p>The tools and techniques of structured finance have changed banking remarkably over the past twenty years. This area grew to become larger than the sum total of traditional banking deposits in 2007. Despite this, the field is poorly understood and its connection to macroeconomic stability was …
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A Thematic Analysis of Anticompetitive Behaviour in the Credit Rating Process of Structured Finance
… by agents in the credit rating process for debt finance. The aim is to determine what influences, if any, the interactions and relationships in the rating process have on the sustenance of the oligopoly in the rating industry and on impeding new rating agencies trying to enter the market. Through …
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Contagion and Systemic Risk in Financial Networks
… systemic importance, improved rating methods for structured finance securities, and their use by investors and risk managers. Using a complete data set of all mutual exposures and capital levels of financial institutions in Brazil in 2007 and 2008, we explore in chapter 2 the structure and …
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Copulas for credit derivative pricing and other applications.
… These functions have been used extensively in finance and more recently in other disciplines, for example hydrology and genetics. This study has two components, (a) the development of copula-based mathematical tools for use in all industries, and (b) the application of distorted copulas in …
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Three essays in economics and finance
… work with Keiichi Kawai. The securitization of structured finance products entails three types of inefficiency: the issuer's moral hazard when screening underlying assets (ex-ante inefficiency), the issuer's incentive to repackage underlying assets into separate securities even when doing so is …
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Exploring affordable housing finance for emerging developers in South Africa
… to ways of enabling market entry and access to finance. This was achieved by focusing on answering the research questions regarding the challenges encountered by emerging property developers in accessing affordable housing finance, as well as the challenges encountered by lenders (Development …
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An analysis of the law and practice of securitisation
… phenomenal contribution to the area of corporate finance. Securitisation is specialised area which has evolved to deliver considerable advantages to banks and their corporate and government clients, a sub-subjected explored in this thesis. Securitisation is using the cashflow, creditworthiness and …