Η θεωρία των τιτλοποιήσεων στον τραπεζικό κλάδο. Το δίλημμα του εκδότη

Ανδρεόλα, Μαριέττα

Master Thesis

Author

Ανδρεόλα, Μαριέττα

Date

2024-08

Abstract

The purpose of this thesis is to present a highly significant tool in the banking sector, known as securitization. The main topic of the study is the function of securitization and how it can affect the issuer, i.e. the bank, in the decisions it must make when grouping its assets. Based on the 2020 article by Milo Bianchi and Philippe Jehiel, we analyze two of the most fundamental mar- ket scenarios: monopoly and oligopoly and examine when the strategy of securitization is advantageous in each case. This leads to the central question of the thesis which is the dilemma faced by the bundler and how it manifests in the aforementioned markets. The dilemma is based on three questions that the bundler encounters depending on the mar- ket, the number of assets and groups as well as the type of the securities that are about to be used. The analysis of the core model led us to the conclusions, which form the final part of this thesis.

Postgraduate Studies Programme

Χρηματοοικονομική και Τραπεζική με ειδίκευση στη Χρηματοοικονομική και Τραπεζική Διοικητική

Department

Σχολή Χρηματοοικονομικής και Στατιστικής. Τμήμα Χρηματοοικονομικής και Τραπεζικής Διοικητικής

Number of pages

Language

Greek

URI

https://dione.lib.unipi.gr/xmlui/handle/unipi/16782
http://dx.doi.org/10.26267/unipi_dione/4204

Collections

Τμήμα Χρηματοοικονομικής και Τραπεζικής Διοικητικής

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Except where otherwise noted, this item's license is described as
Αναφορά Δημιουργού-Μη Εμπορική Χρήση-Όχι Παράγωγα Έργα 3.0 Ελλάδα