EMPIRICAL Studies Of Type Inside the Independence Financing Participation Pricing
After that outline regarding the commands out-of [Avoid Webpage 94] Liberty Securities from the typical property was exhibited within the dining table step three, which ultimately shows the median worth of extent bought, one particular house one produced requests throughout the BLS survey. The smallest denomination Liberty Thread was $50, so that the numbers on the desk mean that of many property purchased Independence Securities in installment plans, together with not yet totally finished its commands (the fresh new wide variety on desk echo real costs to your securities, instead of the quantity registered.) The info on the dining table indicate that households you to definitely ordered Liberty Bonds normally spent between 4.5 and 5.5 % of its gross income to their instructions, a hefty number to possess a valuable asset which had perhaps not stayed simply two years through to the survey was pulled.