The economics of structured finance
By: Joshua D. Coval, Jakub Jurek, and Erik Stafford
Contributors: Jurek, Jakub W.; Stafford, Erik; Harvard Business School
Series: Working paper / Harvard Business School -- 09-060; Working paper (Harvard Business School) -- 09-060
Publisher: Harvard Business School
Published: 2008
Place of publication: Boston
Language: eng
Number of pages: 37
Description: We examine how the process of securitization allowed trillions of dollars of risky assets to be transformed into seccurities that were widely considered to be safe. Actually, securities produced by structured finance have far less chance of surviving a severe economic downturn.
Notes: "October 2008"--Publisher's web site.

Includes bibliographical references.