Investment and the Cost of Capital: New Evidence from the Corporate Bond Market
收藏NBER2007-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13174
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资源简介：
We study the effect of variation in interest rates on investment spending, employing a large panel data set that links yields on outstanding corporate bonds to the issuer income and balance sheet statements. The bond price data -- based on trades in the secondary market -- enable us to construct a
提供机构：
美国国家经济研究局
创建时间：
2007-06-01
