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Hildrun Siepmann
Selbstbehalt bei Verbriefungen
Institutionenökonomische Analyse, rechtliche Rezeption und effektive Umsetzung
[Retention in Securitization. An Institutional Economics Analysis, Its Legal Reception and Effective Implementation.]
2011. XXVI, 295 pages. Published in German.
- cloth
- available
- 978-3-16-150882-0
Summary
Authors/Editors
Reviews
Summary
Retention is intended as a means of decreasing the misdirected incentives in securitizations, which were identified as one of the causes of the international financial crisis in 2007. Hildrun Siepmann studies its potential and its limitations from the perspective of law and economics and proposes a new regulation.