Towards a History of the Junk Bond Market, 1910-1955
收藏NBER2015-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21559
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资源简介：
We present a new monthly index of the yield on junk (high yield) bonds from 1910-1955. We then use the index to reexamine some of the main debates about the financial history of the interwar years. A close look at junk bond yields: (1) strengthens the view that the decline in lending standards in
提供机构：
美国国家经济研究局
创建时间：
2015-09-01
