RDP 2003-02: Do Collective Action Clauses Influence Bond Yields? New Evidence from Emerging Markets Equation (2)

r_{i j t - 3, t + 1}^{a b n} = β_{0} D 1_{i} + β_{1} D 2_{i} + β_{2} D 3_{i} + β_{3} D 4_{i} + β_{4} i s s u e s i z e_{i} + ε_{i}