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The End of Gatekeeping: Underwriters and the Quality of Sovereign Bond Markets, 1815-2007

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NBER2009-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15128
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资源简介:
We provide a comparison of salient organizational features of primary markets for foreign government debt over the very long run. We focus on output, quality control, information provision, competition, pricing, charging, and signaling. We find that the market setup experienced a radical
提供机构:
美国国家经济研究局
创建时间:
2009-07-01
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