Posts filtered by tags: Adi Sunderam[x]


 

Measuring the Perceived Liquidity of the Corporate Bond Market

This paper proposes a novel measure of corporate bond market liquidity based on portfolio holdings instead of transaction data. [Author: by Sergey Chernenko and Adi Sunderam]
Tags: College, Adi Sunderam, by Sergey Chernenko and Adi Sunderam, Sergey Chernenko


Do Fire Sales Create Externalities?

This paper contributes to our understanding of the role of large institutional investors in securities markets, providing evidence that the structure of the mutual fund industry increases the risks of costly "fire sales." [Author: by Sergey Chernenko and Adi Sunderam]
Tags: College, Adi Sunderam, by Sergey Chernenko and Adi Sunderam, Sergey Chernenko


A Measure of Risk Appetite for the Macroeconomy

This paper sheds new light on connections between financial markets and the macroeconomy. It shows that investors’ appetite for risk—revealed by common movements in the pricing of volatile securities—helps determine economic outcomes and real interest rates. [Author: by Carolin E. Pflueger, Emil Siriwardane, and Adi Sunderam]
Tags: College, Emil Siriwardane, and Adi Sunderam, Adi Sunderam, by Carolin E. Pflueger, Carolin E Pflueger Emil Siriwardane


The Cross Section of Bank Value

Mark Egan, Stefan Lewellen, and Adi Sunderam identify the primary determinants of cross-sectional variation in bank value. [Author: by Mark Egan, Stefan Lewellen, and Adi Sunderam]
Tags: College, by Mark Egan, Stefan Lewellen, and Adi Sunderam, Cross Section of Bank Value, Mark Egan Stefan Lewellen, Adi Sunderam