Does the debt market assess large banks, risk?: Time series evidence from money center CDs
作者： David M. Ellis , Mark J. Flannery
DOI: 10.1016/0304-3932(92)90008-P
关键词:
摘要: … We seek to detect default risk premia with a time series analysis of individual banks’ CD offering rates. We correlate rate changes for an individual bank with new information received by …
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