Zobrazeno 1 - 10
of 54
pro vyhledávání: '"Burton Hollifield"'
Publikováno v:
The Journal of Real Estate Finance and Economics. 63:280-326
Prior to the subprime crisis, mortgage brokers charged higher fees for subprime loans that turned out to be riskier ex post, even when conditioning on other risk characteristics. Borrowers who paid higher conditional fees were inherently more risky,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::72b4a278ff0046cf76f86e228ce3b388
https://doi.org/10.1007/s11146-020-09774-5
https://doi.org/10.1007/s11146-020-09774-5
Publikováno v:
Annual Review of Financial Economics. 11:65-84
The effective functioning of the municipal bond market is crucial for the provision of public services, as it is the largest capital market for state and municipal issuers. Prior research has documented tax, credit, liquidity, and segmentation effect
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::90efd18a752ec226c240ee1b857834ff
https://doi.org/10.1146/annurev-financial-110118-123034
https://doi.org/10.1146/annurev-financial-110118-123034
Publikováno v:
The Review of Asset Pricing Studies. 10:1-60
We model, in a market-based democracy, different constituencies that disagree regarding the likelihood of economic disasters. Costly public policy initiatives to reduce or eliminate disasters are assessed relative to private alternatives presented by
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f8f323207e3278e4c2cf2bcfcaf0bd95
https://doi.org/10.1093/rapstu/raz001
https://doi.org/10.1093/rapstu/raz001
Publikováno v:
The Review of Financial Studies. 30:3048-3085
The Financial Industry Regulatory Authority began collecting transaction data from broker-dealers in 2011 as a step toward enhancing its understanding of securitization markets. We use transaction data to document the importance of the interdealer ne
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ef3f9af5d394a9fc1382e6b8732571f1
https://doi.org/10.1093/rfs/hhx027
https://doi.org/10.1093/rfs/hhx027
Publikováno v:
SSRN Electronic Journal.
Should legislation ban the negotiated sales of municipal bonds? What are the costs of forcing public auctions? We compare the offering yields of local governments that are forced by state law to use public auctions to the offering yields of local gov
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1c9381f1c7e407fb88c0d6b8d5d2f45e
https://doi.org/10.2139/ssrn.3508342
https://doi.org/10.2139/ssrn.3508342
Publikováno v:
SSRN Electronic Journal.
Elementary portfolio theory implies that environmentalists optimally hold more shares of polluting firms than non-environmentalists, and that polluting firms attract more investment capital than otherwise identical non-polluting firms through a hedgi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::9beda01a466d2e07aaf98d3a817b4a32
https://doi.org/10.2139/ssrn.3344940
https://doi.org/10.2139/ssrn.3344940
Publikováno v:
SSRN Electronic Journal.
The effective functioning of the municipal bond market is crucial for the provision of public services, as it is the largest capital market for state and municipal issuers. Prior research has documented tax, credit, liquidity, and segmentation effect
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::698b517425ff5478689d8f246d83a455
https://doi.org/10.2139/ssrn.3275950
https://doi.org/10.2139/ssrn.3275950
Publikováno v:
Real Estate Economics. 44:87-154
We develop an equilibrium model for origination fees charged by mortgage brokers and show how the equilibrium fee distribution depends on borrowers' valuation for their loans and their information about fees. We use noncrossing quantile regressions a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2ace7ee5a6d09747620f921dab7d7bb8
https://doi.org/10.1111/1540-6229.12087
https://doi.org/10.1111/1540-6229.12087
Publikováno v:
SSRN Electronic Journal.
Prior to the subprime crisis, mortgage brokers charged higher percentage fees for loans that turned out to be riskier ex post, even when conditioning on other risk characteristics. High conditional fees reveal borrower attributes that are associated
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b2e2bdad6cc11e85f51d196462fe5d84
https://doi.org/10.2139/ssrn.2918688
https://doi.org/10.2139/ssrn.2918688
Publikováno v:
SSRN Electronic Journal.
We measure the incidence of latency arbitrage for cross-listed stocks around the time of an exogenous shock that made the markets faster. Our sample is from NASDAQ Nordic and consists of Nordic blue chip firms listed and traded in multiple markets. W
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::92c2edf9ba292ff291adb9ae060fdd22
https://doi.org/10.2139/ssrn.2996990
https://doi.org/10.2139/ssrn.2996990