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What went wrong? : the Puerto Rican debt crisis, the "Treasury Put," and the failure of market discipline
Chirinko, Robert S.; Chiu, Ryan; Henderson, Shaina - 2019
What went wrong? Why did seemingly rational bond investors continue to purchase Puerto Rican debt with only a modest risk premium, even though the macroeconomic fundamentals were dismal? Why did financial markets fail to exercise market discipline and restrict capital flows to Puerto Rico? Given...
Persistent link: https://www.econbiz.de/10011987046
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Fundamentals, misvaluation, and investment : the real story
Chirinko, Robert S. (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003495775
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The irreversibility premium
Chirinko, Robert S. (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003662980
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That elusive elasticity : a long-panel approach to estimating the capital-labor substitution elasticity : presented at CESifo Area Conference on Public Sector Economics, May 2004
Chirinko, Robert S.; Fazzari, Steven M.; Meyer, Andrew P. - 2004
. However, a consensus estimate remains elusive. We develop an estimation strategy that filters panel data in an original way …
Persistent link: https://www.econbiz.de/10011450090