@unpublished{publication-14755, author={Brumm, Johannes and K{\"u}bler, Felix and Grill, Michael and Schmedders, Karl}, doi={10.2139/ssrn.2912799}, institution={University of Zurich}, number={17-04}, pages=29, series={Swiss Finance Institute Research Paper}, title={Re-use of collateral: Leverage, volatility, and welfare}, year=2017, }