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Loan sales under asymmetric information

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dc.creatorVargas Martínez, Mónica
dc.date.accessioned2015-09-18T18:54:45Z
dc.date.available2015-09-18T18:54:45Z
dc.date.created2010-02
dc.date.issued2010
dc.description.abstractLoans are illiquid assets that can be sold in a secondary market even that buyers have no certainty about their quality. I study a model in which a lender has access to new investment opportunities when all her assets are illiquid. To raise funds, the lender may either borrow using her assets as collateral, or she can sell them in a secondary market. Given asymmetric information about assets quality, the lender cannot recover the total value of her assets. There is then a role for the government to correct the information problem using fiscal tools.eng
dc.format.extent28 páginasspa
dc.format.mediumRecurso electrónicospa
dc.format.mimetypeapplication/pdf
dc.format.tipoDocumentospa
dc.identifier.citationVargas Martínez, M. (2010). Loan sales under asymmetric information. Bogotá: Universidad del Rosario, Facultad de Economía.
dc.identifier.doihttps://doi.org/10.48713/10336_10829
dc.identifier.editorialUniversidad del Rosario, Facultad de Economíaspa
dc.identifier.urihttp://repository.urosario.edu.co/handle/10336/10829
dc.language.isospa
dc.publisherUniversidad del Rosariospa
dc.publisher.departmentFacultad de Economíaspa
dc.relation.citationIssueNo. 79
dc.relation.citationTitleSerie Documentos de trabajo. Economía
dc.relation.ispartofSerie Documentos de trabajo ; No. 79spa
dc.relation.isversionof1spa
dc.relation.urihttps://ideas.repec.org/p/col/000092/006827.html
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto completo)spa
dc.rights.ccAtribución-NoComercial-SinDerivadas 2.5 Colombiaspa
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dc.source.instnameinstname:Universidad del Rosariospa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subject.ddcEconomía financiera
dc.subject.keywordLoan Saleseng
dc.subject.keywordAsymmetric Informationeng
dc.subject.keywordLiquidityeng
dc.subject.keywordSecuritizationeng
dc.subject.lembInversiones::Modelos Matemáticosspa
dc.subject.lembLiquidez (Economía)spa
dc.subject.lembValoresspa
dc.subject.lembInstituciones financierasspa
dc.subject.lembPréstamos::Modelos Matemáticosspa
dc.titleLoan sales under asymmetric informationspa
dc.typeworkingPapereng
dc.type.hasVersioninfo:eu-repo/semantics/acceptedVersion
dc.type.spaDocumento de trabajospa
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