Posts filtered by tags: by Sergey Chernenko and 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