Savings and Loan Usage of the Authority to Invest in Corporate Debt
收藏NBER1981-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0725
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资源简介：
This paper examines the portfolio choice of savings and loan associations (SLAS) between mortgages and bonds, first in a certainty world and then under uncertainty. Differences in servicing and transactions costs, in default losses, in tax treatment and in the timing of payments are accounted for in
提供机构：
美国国家经济研究局
创建时间：
1981-07-01
