Sources: Greenwood & Hanson (2013), "Issuer Quality and Corporate Bond Returns," Review of Financial Studies 26(6), 1483–1525, Review of Financial Studies, Mergent FISD
``` [Full Screen Chart](../download_chart/P01/summary_statistics_hy_share.html) `hy_share` from `greenwood_hanson_hys.parquet`, split into the published Greenwood-Hanson (2013) segment and the Mergent FISD reconstruction segment. ## Chart Specs | Chart Name | Summary Statistics: Greenwood-Hanson High-Yield Share (1929-present) | |------------------------|------------------------------------------------------------| | Chart ID | summary_statistics_hy_share | | Tags | Summary Statistics, Hys, Greenwood, Hanson, High Yield Share | | Data Series Start Date | | | Data Frequency | Annual | | Observation Period | Calendar Year | | Lag in Data Release | | | Data Release Timing | | | Seasonal Adjustment | Not Seasonally Adjusted | | Units | Pct. of Issuance | | HTML Chart | [HTML](../download_chart/P01/summary_statistics_hy_share.html) | ## Dataframe Manifest | Dataframe Name | Greenwood-Hanson High-Yield Share | |--------------------------------|--------------------------------------------------------------------------------------| | Dataframe ID | [greenwood_hanson_hys_processed_series](../dataframes/P01/greenwood_hanson_hys_processed_series.md) | | Sources | Greenwood & Hanson (2013), "Issuer Quality and Corporate Bond Returns," Review of Financial Studies 26(6), 1483–1525, Review of Financial Studies, Mergent FISD | | Providers | Greenwood & Hanson, Review of Financial Studies, WRDS | | Provider Links | https://academic.oup.com/rfs/article-abstract/26/6/1483/1595232, https://wrds-www.wharton.upenn.edu/ | | Tags | Processed Data, Hys, Greenwood, Hanson, High Yield Share | | Access Types | Public,WRDS Subscription | | How is data pulled? | HTTP download via Python `requests` (Excel workbook), WRDS Python API | | Data available up to (min) | | | Data available up to (max) | | | Dataframe Path | C:\Users\fraff\OneDrive\Documentos\UChicago\FINM_32900_Full_Stack_Quantitative_Finance\Project\p03_lopez_salido_stein_zakrajsek_2017\_data\processed_data\greenwood_hanson_hys.parquet | **Linked Charts:** - [P01:summary_statistics_hy_share](../../charts/P01.summary_statistics_hy_share.md) ## Pipeline Manifest | Pipeline Name | Credit-Market Sentiment and the Business Cycle | |---------------------------------|--------------------------------------------------------| | Pipeline ID | [P01](../../index.md) | | Maintainer | Fernando Raffo, Bangjie Xu | | Contributors | Fernando Raffo, Bangjie Xu | | Repository | https://github.com/fernando-raffo/p03_lopez_salido_stein_zakrajsek_2017 | | Pipeline Web Page | Pipeline Web Page | | Date of Last Code Update | 2026-08-19 22:04:54 | | OS Compatibility | Windows, Linux, MacOS | | Linked Dataframes | [P01:fred_macroeconomic_variables](../dataframes/P01/fred_macroeconomic_variables.md)