Search Results
Journal Article
Margin requirements and stock market volatility
Journal Article
Relative cost of capital for marginal firms over the business cycle
The authors compare the effects of the business cycle on the cost of capital faced by small, distressed firms and their larger, more financially secure counterparts. The analysis draws on stock market returns data for a broad range of traded companies during the 1963-91 period.
Conference Paper
Data base priors: stationarity and rational expectations