Data vs collateral

Data vs collateral

Report

Data vs collateral

BIS Working Papers | No 881 | 01 September 2020by Leonardo Gambacorta, Yiping Huang, Zhenhua Li, Han Qiu and Shu ChenPDF full text (4,575kb) | 45 pagesSummaryFocusCollateral is used in debt contracts to mitigate the difficulties ("agency problems") that arise when the lender's knowledge of the borrower is incomplete ("asymmetric information").

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