[2015년 제 1차] Certification and Overinsurance in the Bond Insuran
작성자 : 관리자
조회수 : 743
게시일 :
2015-12-30
Although the U.S. monoline insurers were severely downgraded during the 2008 debacle, there has been little accompanying academic interest. My paper addresses this gap by exploring a simple stylized model of bond insurance. The model reveals that some ins