these ratings that combines supervisory and securities market data. We find that securities market variables, such as BHC … with securities market data identifies additional ratings downgrades, which supervisors would probably value enough to …

The market for U.S. Treasury securities operates around-the-clock from the three main trading centers of Tokyo, London …

these ratings that combines supervisory and securities market data. We find that securities market variables, such as BHC … with securities market data identifies additional ratings downgrades, which supervisors would probably value enough to …

This paper investigates how concentrated ownership of capital influences the pricing of risky assets in a production …-agent economy because the capital owners' consumption is more strongly linked to volatile dividends from equity. A temporary shock … to the technology for producing new capital (an "investment shock") causes dividend growth to be much more volatile than …

markets indicates that domestic agents may not be able to borrow in international capital markets to fully insure themselves …

Are countries with unregulated capital flows more vulnerable to currency crises? Efforts to answer this question … properly must control for "self selection" bias since countries with liberalized capital accounts may also have more sound … sample selection bias, countries with liberalized capital accounts experience a lower likelihood of currency crises. That is …

The 1998 Annual Capital Expenditure Survey (ACES) provides information on disaggregate investment across a wide range …

This paper explores the relationship between capital composition and productivity using a unique and remarkably … capital types, including computers, communications equipment, and software, are associated with current and subsequent years … exist for a number of key capital types. I also provide evidence of complementaries and substitutabilities among capital …