Structured Products: Implications for Financial Markets
The paper looks at financial market innovation and how it has led to the rapid growth of structured products. It explores the mechanisms that come into play as assets inside these products (mortgages, credit card receivables, etc.) suffer losses. The potential size of such losses is currently concer...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch Buchkapitel |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2007
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Schlagworte: | |
Online-Zugang: | DE-384 DE-473 DE-824 DE-29 DE-739 DE-355 DE-20 DE-1028 DE-1049 DE-521 DE-861 DE-898 DE-92 DE-91 DE-573 DE-19 URL des Erstveröffentlichers |
Zusammenfassung: | The paper looks at financial market innovation and how it has led to the rapid growth of structured products. It explores the mechanisms that come into play as assets inside these products (mortgages, credit card receivables, etc.) suffer losses. The potential size of such losses is currently concerning financial markets, and the paper looks at various ways to quantify the issues and where, going forward, pressures are most likely to arise. The problem is seen mainly as a stock adjustment issue (related to inventories of assets etc.) that is going to require time to set right. Time could well be more important than the cost of capital. The idea of a super fund to buy up unwanted assets should be seen in this context. The paper goes on to look at financial market implications, including the credit supply process, spreads, and the dollar |
Beschreibung: | 1 Online-Ressource (31 Seiten) |
DOI: | 10.1787/fmt-v2007-art13-en |
Internformat
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Datensatz im Suchindex
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author | Blundell-Wignall, Adrian |
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doi_str_mv | 10.1787/fmt-v2007-art13-en |
format | Electronic Book Chapter |
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language | English |
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spelling | Blundell-Wignall, Adrian Verfasser aut Structured Products Implications for Financial Markets Adrian Blundell-Wignall Paris OECD Publishing 2007 1 Online-Ressource (31 Seiten) txt rdacontent c rdamedia cr rdacarrier The paper looks at financial market innovation and how it has led to the rapid growth of structured products. It explores the mechanisms that come into play as assets inside these products (mortgages, credit card receivables, etc.) suffer losses. The potential size of such losses is currently concerning financial markets, and the paper looks at various ways to quantify the issues and where, going forward, pressures are most likely to arise. The problem is seen mainly as a stock adjustment issue (related to inventories of assets etc.) that is going to require time to set right. Time could well be more important than the cost of capital. The idea of a super fund to buy up unwanted assets should be seen in this context. The paper goes on to look at financial market implications, including the credit supply process, spreads, and the dollar Finance and Investment https://doi.org/10.1787/fmt-v2007-art13-en Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Blundell-Wignall, Adrian Structured Products Implications for Financial Markets Finance and Investment |
title | Structured Products Implications for Financial Markets |
title_auth | Structured Products Implications for Financial Markets |
title_exact_search | Structured Products Implications for Financial Markets |
title_exact_search_txtP | Structured Products Implications for Financial Markets |
title_full | Structured Products Implications for Financial Markets Adrian Blundell-Wignall |
title_fullStr | Structured Products Implications for Financial Markets Adrian Blundell-Wignall |
title_full_unstemmed | Structured Products Implications for Financial Markets Adrian Blundell-Wignall |
title_short | Structured Products |
title_sort | structured products implications for financial markets |
title_sub | Implications for Financial Markets |
topic | Finance and Investment |
topic_facet | Finance and Investment |
url | https://doi.org/10.1787/fmt-v2007-art13-en |
work_keys_str_mv | AT blundellwignalladrian structuredproductsimplicationsforfinancialmarkets |