| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5089510 | Journal of Banking & Finance | 2012 | 14 Pages |
Abstract
⺠We study the evolution of credit risk transfer in U.S. banks during the crisis. ⺠CRT used to release financial resources and relieve funding constraints. ⺠CRT users contracted their lending less during the credit crunch. ⺠Funded CRT was associated with higher bank risk and default rates in recession.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Mascia Bedendo, Brunella Bruno,