We examine the dynamic relation between credit risk and liquidity in the Italian sovereign
bond market during the eurozone crisis and the subsequent European Central Bank (ECB) …

This paper examines transaction costs and liquidity in the index CDS market by matching
intraday quotes to real-time trade reports made available through the Dodd-Frank reforms …

Mortgage-backed securities in the United States are generally traded on a" to-be-
announced," or TBA, basis. The key feature of a TBA trade is that the identity of the securities …

Abstract The London Interbank Offered Rate (Libor) and the Euro Interbank Offered Rate
(Euribor) are two key benchmark interest rates used in a plethora of financial contracts. The …

We study market microstructure and liquidity in the Italian sovereign bond market, the largest
in the Euro-zone, using a unique new dataset, recently obtained from the Mercato dei Titoli …

After conducting the first study of secondary trading in structured credit products, the authors
report that the majority of products did not trade even once during the 21-month sample …

This paper examines the dynamic relationship between credit risk and liquidity in the
sovereign bond market in the context of the European Central Bank (ECB) interventions …

Abstract The London Interbank Offered Rate (Libor) and the Euro Interbank Offered Rate
(Euribor) are two key market benchmark interest rates used in a plethora of financial …

This article reviews recent scholarship in American economic policymaking. It focuses on
scholarly work from 2012 to 2015 and considers three main streams of research. The first …

Although a vast amount of research on IPOs exists, little research has been done from the
point of view of index funds and the excess return opportunity gained from buying IPOs …