Government Guarantees and the Valuation of American Banks
收藏数据链接：
官方服务：
资源简介：
Banks' ratio of the market value to book value of their equity was close to 1 until the 1990s, then more than doubled during the 1996-2007 period, and fell again to values close to 1 after the 2008 financial crisis. Sarin and Summers (2016) and Chousakos and Gorton (2017) argue that the drop in
提供机构：
美国国家经济研究局创建时间：
2018-06-01
