Margherita Bottero

We don’t have enough information about this author to calculate their statistics. If you think this is an error let us know.
Learn More
Using credit register data for loans to Italian firms we test for the presence of asymmetric information in the securitization market by looking at the correlation between the securitization (risk-transfer) and the default (accident) probability. We can disentangle the adverse selection from the moral hazard component for the many firms with multiple bank(More)
  • 1