-mediation? We propose a measure of bond's mis-allocation among dealers and show its correlation with bond's liquidity risk which is …Which corporate bond's yield is more exposed to search frictions? Is the exposure correlated with dealers' inter … bond and their corresponding inventory positions. Using a transaction-level dataset on U.S. corporate bonds, we verify: a …

its stocks. Liquidity risk is an important component in China’s corporate bond spreads. In this paper, we propose a … bond market. The Monte Carlo simulation technique is used to quantify the impact on the liquidity premium of various … and indirectly through its influence on a bond’s liquidity. …

markets on the liquidity of their bond markets. This study analyses the liquidity of bonds in various emerging bond markets … the sovereign debt crisis. This study notes that the bond liquidity is affected due to the sign of the rating granted by … study first directly tests the information content of bond ratings announcements and their effect on bond market liquidity …

This paper is about market liquidity risk premia in Eurozone sovereign bond spreads between 2008 and 2015. By … analysis to the liquidity driven bond/CDS basis to examine the proportion of systematic and idiosyncratic determinants of … and market liquidity spread components in government bonds and investigate their dynamics across the Euro Area. Short …