The Substitutability of Debt and Equity Securities
收藏NBER1983-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1130
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资源简介：
This paper investigates empirically the degree of substitutability between debt and equity securities in the United States during 1960-1980. The analysis first applies fundamental relationships connecting portfolio choices with expected asset returns to infer key asset substitutabilities directly
提供机构：
美国国家经济研究局
创建时间：
1983-05-01
