Author: Kevin Van Mencxel
Publisher:
ISBN: 9789057287961
Category :
Languages : en
Pages : 0
Book Description
Essays on Corporate Bonds in History
Author: Kevin Van Mencxel
Publisher:
ISBN: 9789057287961
Category :
Languages : en
Pages : 0
Book Description
Publisher:
ISBN: 9789057287961
Category :
Languages : en
Pages : 0
Book Description
Three Essays on Corporate Bonds
Author: Melissa Kaye Woodley
Publisher:
ISBN:
Category :
Languages : en
Pages : 170
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 170
Book Description
Essays in the Earlier History of American Corporations
Author: Joseph Stancliffe Davis
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages : 574
Book Description
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages : 574
Book Description
Essays on Corporate Bonds
Author: Jack C. Bao
Publisher:
ISBN:
Category :
Languages : en
Pages : 151
Book Description
(cont.) In the third chapter (co-authored with Jun Pan and Jiang Wang), we examine the liquidity of corporate bonds and its asset-pricing implications. Our measure of illiquidity is based on the magnitude of transitory price movements. Using transaction-level data, we find the illiquidity in corporate bonds to be significant, substantially greater than what can be explained by the bid-ask bounce, and closely related to bond characteristics. We also find a strong commonality in the time variation of bond illiquidity, which rises sharply during market crises. Monthly changes in aggregate bond illiquidity are strongly related to changes in the CBOE VIX index. Finally, we find a relation between our measure of bond illiquidity and the cross-sectional variation in bond yield spreads.
Publisher:
ISBN:
Category :
Languages : en
Pages : 151
Book Description
(cont.) In the third chapter (co-authored with Jun Pan and Jiang Wang), we examine the liquidity of corporate bonds and its asset-pricing implications. Our measure of illiquidity is based on the magnitude of transitory price movements. Using transaction-level data, we find the illiquidity in corporate bonds to be significant, substantially greater than what can be explained by the bid-ask bounce, and closely related to bond characteristics. We also find a strong commonality in the time variation of bond illiquidity, which rises sharply during market crises. Monthly changes in aggregate bond illiquidity are strongly related to changes in the CBOE VIX index. Finally, we find a relation between our measure of bond illiquidity and the cross-sectional variation in bond yield spreads.
Essays in the Earlier History of American Corporations: Eighteenth century business corporations in the United States
Author: Joseph Stancliffe Davis
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 440
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 440
Book Description
Essays on the Corporate Bond Market
Author: William Robert Gebhardt
Publisher:
ISBN:
Category :
Languages : en
Pages : 284
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 284
Book Description
Essays in the Earlier History of American Corporations: Number IV
Author: Joseph Stancliffe Davis
Publisher: The Lawbook Exchange, Ltd.
ISBN: 1584774274
Category : Corporations
Languages : en
Pages : 992
Book Description
Publisher: The Lawbook Exchange, Ltd.
ISBN: 1584774274
Category : Corporations
Languages : en
Pages : 992
Book Description
Essays on the Market for Corporate Bonds
Author: Aino Levonmaa
Publisher:
ISBN:
Category : Corporate bonds
Languages : en
Pages : 188
Book Description
Publisher:
ISBN:
Category : Corporate bonds
Languages : en
Pages : 188
Book Description