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Covered Farm Mortgage Bonds in the Late Nineteenth Century U.S.

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NBER2010-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16242
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资源简介:
Covered mortgage bonds have been used successfully in Europe for two centuries, but failed in the U.S. when introduced as farm mortgage debentures in the 1880s. Using firm-level data and a sample of loans made by one Kansas mortgage company, I find that debenture programs grew out of established
提供机构:
美国国家经济研究局
创建时间:
2010-07-01
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