Sylvia Beach and the Lost Generation: History of Literary Paris in the Twenties and Thirties by Noel Riley Fitch

Sylvia Beach and the Lost Generation: History of Literary Paris in the Twenties and Thirties Author: Noel Riley Fitch
eBook Title: Sylvia Beach and the Lost Generation: History of Literary Paris in the Twenties and Thirties
ISBN10: 0285649973
ISBN13: 978-0285649972
Language: English
Publisher: Souvenir Press Ltd; 1st UK Edition edition (March 15, 1984)
Category: Biographies & Memoris
Subcategory: Arts & Literature
Size ePub vers.: 1318 kb
Size PDF vers.: 1554 kb
Other formats: cb7, odf, pdf, azw, ibooks, mobi
Rating: 4.2
Votes: 265
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This digital document is an article from Journal of Money, Credit & Banking, published by Ohio State University Press on February 1, 1994. The length of the article is 8161 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: This paper analyzes how financial markets reacted to S&L diversification into junk bonds. We report that junk bond holdings are positively correlated with both the volatility of S&L equity returns and the interest rates paid on large CDs. Next, we examine the impact of junk bonds on equity returns. For poorly capitalized S&Ls, greater risk taking increases the value of deposit insurance and should lead to higher stock returns. However, a well-capitalized institution that increases junk bond holdings should not experience stock price gains. We find that this is the case for the sample of S&Ls we studied. (Printed by permission of the publisher.)

Citation Details
Title: An empirical test of the incentive effects of deposit insurance: the case of junk bonds at savings and loan associations.
Author: Elijah, III Brewer
Publication: Journal of Money, Credit & Banking (Refereed)
Date: February 1, 1994
Publisher: Ohio State University Press
Volume: v26 Issue: n1 Page: p146(19)

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