Seeking the rationale behind structured finance
While traditionally associated almost exclusively with balance sheet management by financial institutions, structured finance is now being embraced by an increasing number of companies as their financing method of choice. Yet the exact circumstances in which these complex arrangements make sense are not well understood. This article sheds some light on a topic that is at the frontier of financial innovation.
Related

Boosting growth, competitiveness and productivity in the EU and UK
Low economic growth is a current challenge for most major European economies, especially given the new fiscal burden of increased defence spending. Funding social challenges—such as climate change, the digital transition and European security—requires either some parts of society to be worse off, or that economies generate new sources of… Read More

Ctrl+Alt+Unemployed? The economics of AI at work
As AI continues to reshape industries and redefine the nature of work, its impact on labour markets is a topic of growing debate and concern. With AI’s rapid advancements, we are entering an era of both unprecedented opportunities and challenges. Should we fear widespread job displacement, or welcome AI’s ability… Read More