Essays about: "Petra Alestalo"
Found 1 essay containing the words Petra Alestalo.
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1. Corporate bond spreads as a proxy for external finance premium: Differentiating between bonds issued by financial institutions and bonds issued by non-financial corporations
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : The objective of this paper is to study the financial accelerator mechanism by investigating the suitability of corporate bond spreads as a proxy for external finance premium. In particular, the aim is to theoretically and empirically analyze differences in predictive power over short-term real economic activity between two types of corporate bond spreads: corporate bonds issued by financial institutions and bonds issued by non-financial corporations. READ MORE
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