Template-type: ReDIF-Paper 1.0
Author-Name: Jonas Meuli
Author-Name-First: Jonas
Author-Name-Last: Meuli
Author-Name: Dr. Thomas Nellen
Author-Name-First: Thomas
Author-Name-Last: Nellen
Author-Person: pne256
Author-Name: Dr. Thomas Nitschka
Author-Name-First: Thomas
Author-Name-Last: Nitschka
Author-Person: pni214
Title: Securitisation, loan growth and bank funding: the Swiss experience since 1932
Abstract: This paper empirically analyses securitisation in Switzerland from a macroeconomic and bank balance sheet perspective based on a novel and near-comprehensive data set on a specific form of securitisation over the sample period from 1932 to 2014. The Swiss Pfandbrief is a distinct covered bond with a similar institutional framework as the U.S. Federal Home Loan Bank System.
Length: 42 pages
Creation-Date: 2016
Contact-Email: forschung@snb.ch
File-URL: https://www.snb.ch/en/publications/research/working-papers/2016/working_paper_2016_18
File-Format: text/html
Number: 2016-18
Classification-JEL: E43, E44, E51, G12, G21, G23, N24
Keywords: Securitisation, covered bonds, mortgage loans, bank balance sheet management, business cycles, financial cycle, financial stability
Handle: RePEc:snb:snbwpa:2016-18