Showing 1 - 10 of 1,634
Persistent link: https://www.econbiz.de/10014293266
We study how the risks to future liquidity flow across corporate bond, Treasury, and stock markets. We document … distribution “flight-to-safety” effects: a deterioration in the liquidity of high-yield corporate bonds forecasts an increase in … the average liquidity of Treasury securities and a decrease in uncertainty about the liquidity of investment …
Persistent link: https://www.econbiz.de/10012897700
Persistent link: https://www.econbiz.de/10013476439
Persistent link: https://www.econbiz.de/10011381310
' long-term leverage choices and an "interim" inefficiency because it distorts agents' short-term liquidity management. I …
Persistent link: https://www.econbiz.de/10010202960
We study the impact of different central bank communication practices on the trading behavior and profitability of fast and slow traders in the foreign exchange market. We focus, in particular, on how the Bank of Japan's practice of introducing some randomness to the time at which it releases...
Persistent link: https://www.econbiz.de/10013247078
We provide new international evidence for a monetary policy liquidity transmission channel in the United States, United … channel, we rely on a nonlinear and international economic set-up to distinguish between times of liquidity crisis and non …
Persistent link: https://www.econbiz.de/10012949651
Persistent link: https://www.econbiz.de/10011538458
Persistent link: https://www.econbiz.de/10012547018
Persistent link: https://www.econbiz.de/10014326893