CDOs Research Papers - Academia.edu (original) (raw)
En plena revolución del conocimiento, ante el auge y madurez de la transformación digital en las instituciones, el gobierno de datos como programa tiene un desafío común, sin importar el tipo de organización que se analice: el ciclo de... more
En plena revolución del conocimiento, ante el auge y madurez de la transformación digital en las instituciones, el gobierno de datos como programa tiene un desafío común, sin importar el tipo de organización que se analice: el ciclo de vida de los datos y la lógica de negocio no siempre están alineados y siguen la estructura operativa que accione el conseguir aportar el mayor valor. La discrepancia entre la estructura organizacional y el uso de datos puede fácilmente resultar en silos de datos, duplicaciones, responsabilidades poco claras y falta de control de los datos e información durante todas sus etapas. Este libro ofrece una descripción sencilla y general del por qué se necesita un gobierno de datos, cómo planearlo, diseñarlo, iniciarlo, ejecutarlo y mantenerlo operativo. Está enfocado para que cualquier ejecutivo, gerente, profesional de negocios y tecnología, académico o funcionario que necesite comprender o implementar un programa de gobierno de datos lo pueda ejecutar.
Trust Preferred Security CDOs, or TruPS CDOs, are unusual in many respects. Other CDOs are comprised of senior secured obligations (e.g., CLOs) or investment grade collateral (e.g., ABS CDOs). TruPS CDOs, however, are comprised of the... more
- by Niccolo Caldararo
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- Money, Hedge Funds, Derivatives, CDOs
- by Niccolo Caldararo
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- Money, Hedge Funds, Derivatives, CDOs
- by Brian Okelly
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- Finance, CDOs
The crisis that broke out in mid-2007 was caused by the fact that the collateralised debt obligation (CDO) market had grown to a size sufficient to wreak general havoc when it suddenly collapsed. Several authors have argued that economic... more
The crisis that broke out in mid-2007 was caused by the fact that the collateralised debt obligation (CDO) market had grown to a size sufficient to wreak general havoc when it suddenly collapsed. Several authors have argued that economic inequality was important to the growth of this market. This paper attempts to strengthen this argument by concentrating attention on global wealth concentration. After summarising recent evidence on the negative impact of investor demand on US bond yields in the pre-crisis period, new evidence regarding the specific contribution of high-net-worth individuals to this negative impact is presented. The paper then goes on to show how, after having helped to cause a yield problem in the major US debt markets, high-net-worth individuals (via hedge funds) continued to be a major source of the pressure on US banks to resolve this yield problem through the mass production of CDOs.
The securitization market is influenced by many factors. This paper examines the influence of economic long waves (Kondratieff waves) on the securitization market and securitization issuances. By doing this, the paper allows a glimpse... more
The securitization market is influenced by many factors. This paper examines the influence of economic long waves (Kondratieff waves) on the securitization market and securitization issuances. By doing this, the paper allows a glimpse into the (far) future of securitzation.
CDOs have had cash and synthetic liabilities for quite some time now. The combination is almost always comprised of an unfunded super senior tranche and several cash obligations ranging from AAA-rated bonds to unrated equity. However,... more
Synthetic arbitrage deals are the fastest growing part of the CDO market, and we expect that trend to continue. In a synthetic CDO, the CDO entity does not actually own the pool of assets on which it bears the credit risk; credit exposure... more
- by Patricio Donato and +1
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- CDOs
Problema de investigación: Conocer cuáles fueron los actores más beneficiados por los efectos de la crisis hipotecaria y relacionarlo con las medidas que tomó el Estado para paliar la crisis. PALABRAS CLAVE: Créditos hipotecarios.... more
Problema de investigación: Conocer cuáles fueron los actores más beneficiados por los efectos de la crisis hipotecaria y relacionarlo con las medidas que tomó el Estado para paliar la crisis.
PALABRAS CLAVE: Créditos hipotecarios. Burbuja. Mercado de activos. Sector financiero. Calificadoras de riesgo. Pánico. Aseguradoras de riesgo. Bancos comerciales y fondos de pensiones.