Credit Card Securitization and Regulatory Arbitrage

By C. Calomiris, Joseph R. Mason. 2003

266 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/9f1bf22ee2d8ec733ef00c2ea1bb0dc770adfbb9

Citations in the corpus

• Characteristics of Securitizations that Determine Issuers' Retention of the Risks of the Securitized Assets (2008, unknown): “Gorton and Souleles (2005) show analytically that in a repeated-play game issuers have incentives to commit to provide implicit recourse, and Calomiris and Mason (2004) and Higgins and Mason (2004) find that banks sometimes do provide such recourse in revolving credit card securitizations.”
• What drives bank securitisation? The Spanish experience. (2010, unknown): “It has frequently been employed in previously published studies to measure the relationship between securitisation and the regulatory capital arbitrage hypothesis (for example, in studies by Agostino and Mazzuca, 2008; Bannier and Hänsel, 2008; Calomiris and Mason, 2004).”