This study analyses how liquidity risk affects bonds' yield spreads after controlling for credit risk, bond … LOT decreases over time, implying that, nowadays liquidity risk is negligible for green bonds. …

Anlagekorb" handelt. Die Neigung, ein Portfolio mit allen Anlageformen zu halten, nimmt mit wachsender Scheu vor dem Risiko ab …

Financial theory creates a puzzle. Some authors argue that high-risk entrepreneurs choose debt contracts instead of … special attention to the role of risk for the choice of the financing method. Since risk is not directly observable we use … different indicators for financial and project risk. It turns out that our data generally confirms the hypothesis that the …

Financial theory creates a puzzle. Some authors argue that high-risk entrepreneurs choose debt contracts instead of … special attention to the role of risk for the choice of the financing method. Since risk is not directly observable we use … different indicators for financial and project risk. It turns out that our data generally confirms the hypothesis that the …

government. The risk to taxpayers from this investment would be acceptable, however, once the banks are freed from toxic assets … addition, the risk of moral hazard is curtailed. The comparison of the proposed design with the bad bank plan of the German …