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Mutual Fund Flows and the Supply of Capital in Municipal Financing

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NBER2023-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w30980
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资源简介:
This paper identifies the impact of fluctuations in the supply of capital from mutual funds on municipal bond financing and makes three contributions to the literature. First, we develop an identification strategy based on the Morningstar rating methodology at the moment that funds reach 5 years in
提供机构:
美国国家经济研究局
创建时间:
2023-02-01
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