Securitization and lending standards: Evidence from the European wholesale loan market

We assess the effect of securitization activity on banks’ lending rates employing a uniquely detailed dataset from the euro-denominated syndicated loan market. We find that in the run-up to the 2007-2009 crisis banks more active at originating asset-backed securities did not price their loans more a...

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Bibliographic Details
Main Authors: Alper Kara, David Marques-Ibanez, Steven Ongena
Format: Default Article
Published: 2016
Subjects:
Online Access:https://hdl.handle.net/2134/22113
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