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American Economic Review Vol. 104 No. 5 2014

Mandated Risk Retention in Mortgage Securitization: An Economist's View

Paul Willen

Federal Reserve Bank of Boston, 600 Atlantic Ave., Boston, MA 02210 and NBER (e-mail: )

Abstract

I evaluate the empirical premise and the economic logic of the Dodd-Frank Act's requirement that issuers of asset-backed securities retain credit risk.

DOI
10.1257/aer.104.5.82
Volume
104
Issue
5
Pages
82-87
Language
en
Sources
bibtex:phds-export.bib openalex crossref

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