The availability of a two-year high-frequency transaction data of the Japanese Government Bond (JGB) futures provides us with an opportunity to uncovering volatility persistence in high-frequency returns and testing the mixed-distribution-hypothesis (MDH) in this market. Both time-domain and...

4.3. Institutional Trades around RPT Announcements5. Summary and Conclusion; Acknowledgment; Notes; References; Product Market Threat and Corporate Investment; Abstract; 1. Introduction; 2. Literature Review and Hypothesis Development; 3. Empirical Design; 3.1. Regression Framework; 3.2....

The 2017 APBBEF volume includes studies on financial regulations on financial institutions, research on financial markets, and issues on employment and income inequality. Regulations on insurance contracts and derivatives, bank capital standards and subordinated debt prices, and bank's credit...