no code implementations • 4 Jan 2022 • Jaehyuk Choi, Lei Lu, Heungju Park, Sungbin Sohn
This paper examines the effect of the political network of Chinese municipal leaders on the pricing of municipal corporate bonds.
no code implementations • 23 Jan 2021 • Jaehyuk Choi, Desheng Ge, Kyu Ho Kang, Sungbin Sohn
The literature on using yield curves to forecast recessions customarily uses 10-year--three-month Treasury yield spread without verification on the pair selection.