Using a novel data of institutional investors' bond holdings, we examine a transmission of the crisis of 2007-2008 from … the securitized bond market to the corporate bond market via joint ownership of these bonds by investors. We posit that …, ceteris paribus, corporate bonds held by investors with high exposure to securitized bonds and liquidity needs experience …

We investigate whether mutual funds whose investors and stocks are decoupled (i.e., investor location does not coincide …

pattern: low-skilled companies can benefit from globalization by catering to the demand of unsophisticated investors for … diversification benefits to investors. Moreover, its associated cross-border capital flows reduce price efficiency and liquidity in …

flows and value of investment and their tendency to cater to investors by invest in stocks that are 'hot'. Hedge funds …

Using novel data on investors' bond portfolios, we study the contagion of the crisis from securitized bonds to …-issuer bonds held by unexposed investors. The findings suggest that liquidity-constrained investors with exposure to securitized …

Using a novel data of institutional investors' bond holdings, we examine a transmission of the crisis of 2007-2008 from … the securitized bond market to the corporate bond market via joint ownership of these bonds by investors. We posit that …, ceteris paribus, corporate bonds held by investors with high exposure to securitized bonds and liquidity needs experience …

Using a novel data set of institutional investors' bond holdings, we study a transmission mechanism that explains the … crisis shock was propagated by the behavior of institutional investors, which held both securitized bonds and corporate bonds …