Hilscher, Jens (contributor) - 2007
as follows. Using panel data of bond transaction prices
from 1995-1999 I calculate the level of implied volatility that …
transactions by insurance companies and includes all transactions from 1995-1999. It
is particularly useful to use transacation …,716 observations over a total of 60 months from 1995-1999, for 3,015 bond issues
across 606 issuers. The median number of transactions …