The Behavior of Intoxicated Investors: The role of institutional investors in propagating the crisis of 2007-2008
收藏NBER2010-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16191
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资源简介：
Using a novel data of institutional investors' bond holdings, we examine a transmission of the crisis of 2007-2008 from the securitized bond market to the corporate bond market via joint ownership of these bonds by investors. We posit that, ceteris paribus, corporate bonds held by investors with
提供机构：
美国国家经济研究局
创建时间：
2010-07-01
