Essays on auto loan asset-backed securities| Moral hazard along the securitization chain, and the cross section of expected returns
<p>Securitization is the practice of pooling the cashflows of a large number of financial assets and structuring them so as to create a much smaller number of tradable securities. The widespread adoption of securitization as a financing technique has been a major transformative force in the US...
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| Language: | EN |
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Georgetown University
2016
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| Online Access: | http://pqdtopen.proquest.com/#viewpdf?dispub=10158124 |