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. The new test is used to test for cointegration between Credit Default Swap (CDS) and corporate bond spreads for a panel of …
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If current projections of future budget surpluses materialize, investing in Treasury securities--an asset class with which investors have long been familiar--could eventually become a thing of the past. In this paper, I examine the extent to which investors' portfolio allocation decisions are...
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In this paper, we document that mortgage-backed securities (MBS) held by the Federal Reserve exhibit faster principal … the Federal Reserve's first MBS purchase program, demonstrating that this channel conveyed savings on monthly mortgage …
Persistent link: https://www.econbiz.de/10011273692