This paper uses the price changes in China's real estate market during the 2008 financial
crisis as an identification strategy to test the impact of household wealth preservation (HWP) …

Abstract The Central Bank of Iceland replaced the discriminatory method used for auctioning
treasury securities with the uniform‐price method in 2009. We analyze underpricing before …

The current study explores the problem of illiquidity in the corporate bond market and
examines a broad set of liquidity proxies through empirical investigation. Purpose: The …