Despite plenty of anecdotal evidence of hidden losses in banks, there is no systematic study analyzing the economic drivers of this behavior: we simply do not get to observe what banks are hiding unless they are caught. Using a regulatory change in India that forced all commercial banks to...

Using a regulatory version of TRACE data that include almost all primary and secondary market trades in corporate bonds over the period 2010-2017, we provide the first comprehensive study on the primary market for corporate bonds. Secondary market illiquidity can drive gains from primary market...

Intro -- TABLE OF CONTENTS -- FOREWORD AND ACKNOWLEDGMENTS -- ABOUT THE AUTHORS -- EDITORS' NOTE -- Property As Means Or End -- Property In The Political Science Of Aristotle -- Fashions And Idiosyncracies In The Exposition Of The Roman Law Of Property -- Sentiment And Property: Some Roman...