Showing 1 - 10 of 70
Buyout booms form in response to declines in the aggregate risk premium. We document that the equity risk premium is the primary determinant of buyout activity rather than credit-specific conditions. We articulate a simple explanation for this phenomenon: a low risk premium increases the present...
Persistent link: https://www.econbiz.de/10012456263
Persistent link: https://www.econbiz.de/10003844638
Persistent link: https://www.econbiz.de/10003844640
Persistent link: https://www.econbiz.de/10003844647
Persistent link: https://www.econbiz.de/10003844658
Persistent link: https://www.econbiz.de/10003844664
Persistent link: https://www.econbiz.de/10003844669
Persistent link: https://www.econbiz.de/10003844672
Persistent link: https://www.econbiz.de/10003844674
Persistent link: https://www.econbiz.de/10003844675