The Economics of Structured Finance.

Coval, J., Jurek, J., & Stafford, E. (2009). The Economics of Structured Finance. Journal of Economic Perspectives, 23(1), 3-25.

Type

Journal article

Intellectual base

Primary research

Year

2009

DOI

10.1257/jep.23.1.3

Link

https://doi.org/10.1257/jep.23.1.3

Cited from

economics_finance

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

• Signal Devaluation
  • The demand-side pressure is structured-product issuers needing AAA tranches to sell to mandate-constrained buyers (pension funds permitted to hold only top-rated paper).

    This sourceExplains how structured-finance tranching manufactured AAA-rated securities to meet demand from mandate-constrained buyers.

Verification

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Registry ID ref:8249b2447ac1 · see in the full table