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The Risk Structure Of Interest Rates And Interdependent Borrowing Costs: The Impact Of Major Defaults

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  • Richard L. Smith
  • James R. Booth

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  • Richard L. Smith & James R. Booth, 1985. "The Risk Structure Of Interest Rates And Interdependent Borrowing Costs: The Impact Of Major Defaults," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 8(2), pages 83-94, June.
    • Handle: RePEc:bla:jfnres:v:8:y:1985:i:2:p:83-94
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1985.tb00390.x
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    References listed on IDEAS

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    1. Benson, Earl D & Rogowski, Robert J, 1978. "The Cyclical Behavior of Risk Spreads on New Municipal Issues," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 10(3), pages 348-362, August.
    2. Jaffee, Dwight M., 1975. "Cyclical variations in the risk structure of interest rates," Journal of Monetary Economics, Elsevier, vol. 1(3), pages 309-325, July.
    3. Kidwell, David S. & Trzcinka, Charles A., 1983. "The Impact of the New York City Fiscal Crisis on the Interest Cost of New Issue Municipal Bonds," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 18(3), pages 381-399, September.
    4. Gramlich, Edward M, 1976. "The New York City Fiscal Crisis: What Happened and What Is to Be Done?," American Economic Review, American Economic Association, vol. 66(2), pages 415-429, May.
    5. Kidwell, David S & Trzcinka, Charles A, 1979. "The Risk Structure of Interest Rates and the Penn-Central Crisis," Journal of Finance, American Finance Association, vol. 34(3), pages 751-760, June.
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    Cited by:

    1. John W. Peavy III & George H. Hempel, 1987. "The Effect Of The Wppss Crisis On The Tax-Exempt Bond Market," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 10(3), pages 239-247, September.

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