estimate the credit default swap premium (CDS) needed to insure each fund’s portfolio against credit losses. We also calculate … outlook of banks in the Asia-Pacific region. Finally, we find evidence that the SEC’s 2010 liquidity and weighted average life …

In this study, we present panel-data evidence on REIT liquidity and its determinants over the 1988 – 2007 period. We … focus upon liquidity measures that do not require micro-structure data (1) to facilitate use of our results as benchmarks … benchmarks that do not require access to costly (and voluminous) micro-structure data. We find that REIT liquidity improved …

autoregressive (VAR) and vector error correction (VECM) framework to analyse the short- and long-run dynamics of the chosen CDS …-run relationship between sovereign and bank CDS spreads in the chosen time period. The more stable relationship is found in cases …

more about bond liquidity. We find that some bonds are actively traded and most are rare. We also construct some …

bank loans to solvent but liquidity strained banks and federal deposit insurance, was developed in the early 1900s to …, liquidity, and credit intermediation services. But banks also are inherently unstable because depositors will “run” if they … – making loans and taking deposits to provide payment and settlement, liquidity, and credit intermediation services. Other …