Matches in SemOpenAlex for { <https://semopenalex.org/work/W3124171024> ?p ?o ?g. }
Showing items 1 to 78 of
78
with 100 items per page.
- W3124171024 abstract "We examine the impact CDS protection on lending relationships and efficiency. CDS insulate lenders against losses from forcing borrowers into default and liquidation. This improves the credibility of foreclosure threats, which can have positive implications for borrower incentives and credit availability ex ante. However, lenders may also abuse their enhanced bargaining power vis-a-vis borrowers and extract additional surplus in debt renegotiations. If this hold up threat becomes severe, borrowers will be reluctant to agree to debt maturity designs or control right transfers that would have been optimal in the absence of CDS protection. The introduction of CDS markets may then ultimately tighten credit constraints and be detrimental to welfare. See also the article in the Journal of Financial Stability , 10, 7-19. 10.1016/j.jfs.2012.12.004" @default.
- W3124171024 created "2021-02-01" @default.
- W3124171024 creator A5008807930 @default.
- W3124171024 date "2012-12-12" @default.
- W3124171024 modified "2023-09-27" @default.
- W3124171024 title "Credit Protection and Lending Relationships" @default.
- W3124171024 hasPublicationYear "2012" @default.
- W3124171024 type Work @default.
- W3124171024 sameAs 3124171024 @default.
- W3124171024 citedByCount "1" @default.
- W3124171024 countsByYear W31241710242014 @default.
- W3124171024 crossrefType "posted-content" @default.
- W3124171024 hasAuthorship W3124171024A5008807930 @default.
- W3124171024 hasConcept C100243477 @default.
- W3124171024 hasConcept C10138342 @default.
- W3124171024 hasConcept C101433766 @default.
- W3124171024 hasConcept C120527767 @default.
- W3124171024 hasConcept C122251271 @default.
- W3124171024 hasConcept C138496976 @default.
- W3124171024 hasConcept C139719470 @default.
- W3124171024 hasConcept C144133560 @default.
- W3124171024 hasConcept C15744967 @default.
- W3124171024 hasConcept C162324750 @default.
- W3124171024 hasConcept C175444787 @default.
- W3124171024 hasConcept C17744445 @default.
- W3124171024 hasConcept C199539241 @default.
- W3124171024 hasConcept C2780224610 @default.
- W3124171024 hasConcept C29122968 @default.
- W3124171024 hasConcept C34447519 @default.
- W3124171024 hasConcept C48057960 @default.
- W3124171024 hasConcept C556758197 @default.
- W3124171024 hasConcept C73283319 @default.
- W3124171024 hasConceptScore W3124171024C100243477 @default.
- W3124171024 hasConceptScore W3124171024C10138342 @default.
- W3124171024 hasConceptScore W3124171024C101433766 @default.
- W3124171024 hasConceptScore W3124171024C120527767 @default.
- W3124171024 hasConceptScore W3124171024C122251271 @default.
- W3124171024 hasConceptScore W3124171024C138496976 @default.
- W3124171024 hasConceptScore W3124171024C139719470 @default.
- W3124171024 hasConceptScore W3124171024C144133560 @default.
- W3124171024 hasConceptScore W3124171024C15744967 @default.
- W3124171024 hasConceptScore W3124171024C162324750 @default.
- W3124171024 hasConceptScore W3124171024C175444787 @default.
- W3124171024 hasConceptScore W3124171024C17744445 @default.
- W3124171024 hasConceptScore W3124171024C199539241 @default.
- W3124171024 hasConceptScore W3124171024C2780224610 @default.
- W3124171024 hasConceptScore W3124171024C29122968 @default.
- W3124171024 hasConceptScore W3124171024C34447519 @default.
- W3124171024 hasConceptScore W3124171024C48057960 @default.
- W3124171024 hasConceptScore W3124171024C556758197 @default.
- W3124171024 hasConceptScore W3124171024C73283319 @default.
- W3124171024 hasLocation W31241710241 @default.
- W3124171024 hasOpenAccess W3124171024 @default.
- W3124171024 hasPrimaryLocation W31241710241 @default.
- W3124171024 hasRelatedWork W1132903136 @default.
- W3124171024 hasRelatedWork W1485528808 @default.
- W3124171024 hasRelatedWork W1486613178 @default.
- W3124171024 hasRelatedWork W1508424928 @default.
- W3124171024 hasRelatedWork W1724876721 @default.
- W3124171024 hasRelatedWork W1829145373 @default.
- W3124171024 hasRelatedWork W2197704573 @default.
- W3124171024 hasRelatedWork W2241689227 @default.
- W3124171024 hasRelatedWork W2242092376 @default.
- W3124171024 hasRelatedWork W2246684737 @default.
- W3124171024 hasRelatedWork W2566908935 @default.
- W3124171024 hasRelatedWork W2754531650 @default.
- W3124171024 hasRelatedWork W2765333839 @default.
- W3124171024 hasRelatedWork W2910620001 @default.
- W3124171024 hasRelatedWork W2963298015 @default.
- W3124171024 hasRelatedWork W3022849082 @default.
- W3124171024 hasRelatedWork W3121867537 @default.
- W3124171024 hasRelatedWork W3124374807 @default.
- W3124171024 hasRelatedWork W1991162809 @default.
- W3124171024 hasRelatedWork W2099143613 @default.
- W3124171024 isParatext "false" @default.
- W3124171024 isRetracted "false" @default.
- W3124171024 magId "3124171024" @default.
- W3124171024 workType "article" @default.