Rigid Redemption Belief Differentiation: Implicit Guarantee Expectations and Pricing of Municipal Investment Bonds

Cao Jing

The Journal of World Economy ›› 2023, Vol. 46 ›› Issue (6) : 85-107.

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PDF(1188 KB)
The Journal of World Economy ›› 2023, Vol. 46 ›› Issue (6) : 85-107.

Rigid Redemption Belief Differentiation: Implicit Guarantee Expectations and Pricing of Municipal Investment Bonds

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{{article.zuoZheEn_L}}. {{article.title_en}}[J]. {{journal.qiKanMingCheng_EN}}, 2023, 46(6): 85-107

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