A Dynamic Model Approach of Securitization and the Financial Crisis

Securitization involves the transformation of illiquid assets into liquid and easy to sell ones. The paper focuses on the effect of unexpected negative shocks on Low Quality-asset price and input, Collateralized Debt Obligation price and output as well as profit through the use of numerical analysis...

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Bibliographic Details
Main Author: Mubanga Mpundu
Format: Article
Language:English
Published: EconJournals 2016-09-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/32045/354733?publisher=http-www-cag-edu-tr-ilhan-ozturk