Abstract Recently, a number of structured funds have emerged as public-private partnerships with the intent promoting investment in renewable energy emerging markets. These seek to attract institutional investors by tranching asset pool and issuing senior notes high credit quality. Financing (RE) projects is achieved via two channels: small RE are financed indirectly through local banks that dr...

The widely used short-term debt such as overnight repos and commercial paper is regarded as one of the main sources of instability leading to the distress of many …nancial institutions during the …nancial crisis of 2007-2008. What explains the popularity of shortterm debt in …nancing asset market investments? Geanakoplos (2010) presents a dynamic model of the joint equilibrium of asset markets ...

We study the exponential utility indifference valuation of a contingent claim B in an incomplete market driven by two Brownian motions. The claim depends on a nontradable asset stochastically correlated with the traded asset available for hedging. We use martingale arguments to provide upper and lower bounds, in terms of bounds on the correlation, for the value V B of the exponential utility ma...