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Default Risk Premia In The Near-Cash Investment Market: The Case Of Auction Rate Preferred Stock Versus Commercial Paper

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  • Daniel T. Winkler
  • George B. Flanigan

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  • Daniel T. Winkler & George B. Flanigan, 1991. "Default Risk Premia In The Near-Cash Investment Market: The Case Of Auction Rate Preferred Stock Versus Commercial Paper," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 14(4), pages 337-343, December.
    • Handle: RePEc:bla:jfnres:v:14:y:1991:i:4:p:337-343
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1991.tb00671.x
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    References listed on IDEAS

    as
    1. John J. Binder, 1985. "Measuring the Effects of Regulation with Stock Price Data," RAND Journal of Economics, The RAND Corporation, vol. 16(2), pages 167-183, Summer.
    2. Miller, Merton H, 1977. "Debt and Taxes," Journal of Finance, American Finance Association, vol. 32(2), pages 261-275, May.
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    Cited by:

    1. Song Han & Dan Li, 2010. "The fragility of discretionary liquidity provision - lessons from the collapse of the auction rate securities market," Finance and Economics Discussion Series 2010-50, Board of Governors of the Federal Reserve System (U.S.).
    2. Song Han & Dan Li, 2009. "Liquidity, runs, and security design: lessons from the collapse of the auction rate municipal bond market," Proceedings, Federal Reserve Bank of San Francisco, issue Jan.

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