Investors valuation for assets liquidity and safety and the corporate-treasury yield spread

The present study seeks to explain the non-default component of corporate- U.S. Treasury yield spreads. This is done by assuming, along the lines of Krishnamurthy and Vissing-Jorgensen (2012), that investors' valuation for asset-specific liquidity and safety features is being priced. For that p...

Ausführliche Beschreibung

Bibliographische Detailangaben

1. Verfasser:	Niestroj, Benjamin
Format:	Dataset
Sprache:	eng
Schlagworte:	Asset Pricing Corporate-Treasury Bond Yield Spread Credit Risk Liquidity and Safety adjusted CAPM Liquidity Premium
Online-Zugang:	Volltext bestellen
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