{"title":"Glenn Yago","description":null,"products":[{"product_id":"junk-bonds-book-glenn-yago-9780195061116","title":"Junk Bonds","description":"This is a study of the high yield bond market, popularly called junk bonds. The author has studied how companies that use junk bond financing compare in economic performance with their industry averages. This book shows that the performance of these companies was superior in the vast majority of cases.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49551638855953,"sku":"GOR002060399","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ WELL_READ \/ INTERNAL","offer_id":51568515219729,"sku":"GOR014331444","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52403558154513,"sku":"NLS9780195061116","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":52418328854801,"sku":"CIN019506111XVG","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/019506111X.jpg?v=1750908705"},{"product_id":"entrepreneurship-in-emerging-domestic-markets-book-glenn-yago-9780387728568","title":"Entrepreneurship in Emerging Domestic Markets","description":"Explores the issues surrounding entrepreneurship in emerging domestic markets (EDM) communities. This book is suitable for scholars, students, investors, policymakers, and the business community.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52128367018257,"sku":"NLS9780387728568","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":52735251054865,"sku":"NIN9780387728568","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780387728568.jpg?v=1757490354"},{"product_id":"beyond-junk-bonds-book-glenn-yago-9780195149234","title":"Beyond Junk Bonds","description":"Since financial myths exploded in the 1980s, the perspective of time creates a unique opportunity to update and expand the analysis begun in Glenn Yago's 1991 book,Junk Bonds: How High Yield Securities Restructured Corporate America (Oxford University Press). At the time of its publication, Junk Bonds drew controversial responses from the Federal Reserve and government agencies. In retrospect, the evidence clearly casts favorable light on the role of high yield securities. The research presented here demonstrates how financial innovations enabled capital access for industrial restructuring, capital and labor productivity gains, and improved global competitiveness. Enough time has now passed to allow this dispassionate empirical analysis to shear away the hype and hysteria that surrounded the Wall Street scandals, Washington controversies, and media frenzy of the time. Beyond Junk Bonds provides a one-stop data, reference and case study presentation of the firms and securities in the contemporary high yield market and the financial innovations that spurred growth in the nineties and will continue to finance the future. The high yield market incubated successive waves of financial technologies that now proliferate beyond junk bonds to all the dimensions and dynamics of global debt and equity capital markets. It charts the recovery of the market in the 1990s, the recent wave of fallen angels, distressed credits and defaults, and suggests how the high yield market will be recreated in the global market of the 21st century. It explicates the linkages between the high yield market, and other credit and equity markets in managing a firm's capital structure to execute its business strategy. The weakening of the U. S. economy in 2001 and the huge shock to Wall Street from the terrorist attacks of September 11 witnessed a historic increase in the yield to maturity of high yield bonds. Despite the volatility in the flow of funds to high yield mutual funds and occasionally sharp increases in non-investment grade debt yields, the asset class has been one of the best performing fixed income investments of the past decades. In fact, high yield bonds offer an attractive risk-reward ratio competitive with more traditional asset classes. Anyone active in corporate finance, financial institutions and capital markets will find this book a must read for interpreting and understanding the recent history both of the high yield marketplace and its interaction with private equity, public equity, and fixed income markets.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52135442612497,"sku":"NLS9780195149234","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780195149234.jpg?v=1757549085"},{"product_id":"decline-of-transit-book-glenn-yago-9780521027632","title":"The Decline of Transit","description":"Automobiles dominate transportation today in most American cities. After World War II, urban planners embraced highway transportation as the solution to urban congestion, while mass transit was shunned as outmoded and appropriate only for older, densely populated cities. Yet the prolonged energy crisis, beginning in 1973, shattered most previously held attitudes about the role of mass transit, and it was now promoted as central to energy efficiency and rational land use. If mass transit is now possible and even desirable in new, auto-oriented cities - Los Angeles, Frankfurt, Tokyo - why did it decline in the first place? In examining the historical conditions that led to the current crisis of urban transportation, the book offers an explanation of past urban and economic policy failures. The Decline of Transit will be essential reading for urban planners, politicians, economists, historians, and all others interested in the state of urban transportation today.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52424782807313,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52424783528209,"sku":"NLS9780521027632","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780521027632.jpg?v=1759152903"},{"product_id":"entrepreneurship-in-emerging-domestic-markets-book-glenn-yago-9781441944528","title":"Entrepreneurship in Emerging Domestic Markets","description":"An often-overlooked aspect of entrepreneurship in American is its role in emerging domestic markets (EDM). These markets – low-to-moderate income communities, ethnic- and women-owned businesses, urban areas – are frequently ignored by mainstream markets. Yet with current demographic trends, they are an increasingly large component of the US population. Entrepreneurship can serve as a means to foster business development in these emerging communities and as a critically important way to improve the standard of living in low- and moderate-income (LMI) sectors.   Increasingly, policy makers, advocates and investors understand national economic growth demands business formation among all segments of the market, and that the best attack on poverty is job and wealth creation. A robust entrepreneurial climate helps address the challenges and harness the opportunities.   “Entrepreneurship in Emerging Domestic Markets: Barriers and Innovation” is a compendium of papers written by the leading researchers and practitioners from the fields of finance, public policy, entrepreneurship, and economics. With this volume, the editors aim to provide scholars, students, investors, policymakers, and the business community a resource that explores the issues surrounding entrepreneurship in EDM communities.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52425191817489,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52425192571153,"sku":"NLS9781441944528","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781441944528.jpg?v=1759154136"}],"url":"https:\/\/www.worldofbooks.com\/collections\/author-books-by-glenn-yago.oembed","provider":"World of Books ","version":"1.0","type":"link"}