Figure 11a reports the median 20-day rolling correlation of log changes in bank and...daily index return for that day’s S&P500 (market)
return based on their 90-day...
slightly modify the
methodology in Harmon et al (2011) and measure the 52 week rolling...We compute the variance ratio ( ) for each region over 52 week...
Appendix presents the results based on the
alternative subsamples (rolling window...definition of the low-for-long period, Table A1 in Appendix provides results using...
) and from outside, from
government, that put pressure on banks to continue rolling...lot of attention as the ones where there might be more incentive to
continue...
The cost of rolling over the debt will increase and may become prohibitive....engages in a pyramid scheme if it persistently pays for the debt service by simply...
