investments of banks at the security level for 2005-2012 in conjunction with the credit register from Germany. Analyzing data at … increase their overall investments in securities, especially in those that had a larger price drop. The quantitative effects …

a proprietary dataset that has the investments of banks at the security level for 2005-2012 in conjunction with the … their investments in securities, especially in those that had a larger price drop, with the strongest impact in low …