Showing 1 - 10 of 330
Persistent link: https://www.econbiz.de/10003726934
Persistent link: https://www.econbiz.de/10003093267
We study the design of institutions as a framework for regulating innovative activity in the private sector given the informational constraints faced by the social planner. Innovation in the private sector by financial institutions and manufacturing firms imposes important positive and negative...
Persistent link: https://www.econbiz.de/10012913568
Persistent link: https://www.econbiz.de/10012502857
Persistent link: https://www.econbiz.de/10003918888
Persistent link: https://www.econbiz.de/10001239606
Persistent link: https://www.econbiz.de/10001475042
Persistent link: https://www.econbiz.de/10003729507
This paper examines the informational efficiency of loans relative to bonds surrounding loan default dates and bond default dates. We examine this issue using a unique dataset of daily secondary market prices of loans over the11/1999-06/2002 period.(...)
Persistent link: https://www.econbiz.de/10005846906