
An Agency Problem in the MBS Market and the Solicited Refinancing Channel of Large-scale Asset Purchases
Author(s) -
John Kandrac,
Bernd Schlusche
Publication year - 2015
Publication title -
finance and economics discussion series
Language(s) - English
Resource type - Journals
eISSN - 2767-3898
pISSN - 1936-2854
DOI - 10.17016/feds.2015.027
Subject(s) - prepayment of loan , asset (computer security) , business , securitization , incentive , agency (philosophy) , stylized fact , finance , monetary economics , economics , microeconomics , computer science , philosophy , computer security , epistemology , macroeconomics