Showing 1 - 10 of 379
Persistent link: https://www.econbiz.de/10003808053
Persistent link: https://www.econbiz.de/10010363249
We document capital misallocation in the U.S. investment-grade (IG) corporate bond market, driven by quantitative easing (QE). Prospective fallen angels -- risky firms just above the IG rating cutoff -- enjoyed subsidized bond financing since 2009, especially when the scale of QE purchases...
Persistent link: https://www.econbiz.de/10013293193
Persistent link: https://www.econbiz.de/10000773087
Persistent link: https://www.econbiz.de/10000780023
Persistent link: https://www.econbiz.de/10000757697
Persistent link: https://www.econbiz.de/10000128440
Persistent link: https://www.econbiz.de/10000128529
Persistent link: https://www.econbiz.de/10000128536
Persistent link: https://www.econbiz.de/10000714803