Credit evaluation, information production, and financial intermediation
โ Scribed by Bryan E. Stanhouse
- Publisher
- Springer
- Year
- 1993
- Tongue
- English
- Weight
- 972 KB
- Volume
- 7
- Category
- Article
- ISSN
- 0920-8550
No coin nor oath required. For personal study only.
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## Abstract This study analyzes bank margins in the German secondary market for exchangeโtraded structured financial products, with particular emphasis on the influence of banks' credit risk. A structural model allowing for the incorporation of correlation effects between market and credit risk is