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Corporate bond mutual funds and asset fire sales
16 references·16 citing·47 second hopsampled
Corporate bond mutual funds and asset fire sales (2020)Corporate bond mutual funds and asset fir…The Volcker Rule and corporate bond market making in times of stress (2018)The Volcker Rule and corporat…Capital Commitment and Illiquidity in Corporate Bonds (2018)Capital Commitment and Illiqu…Asset Fire Sales and Purchases and the International Transmission of Funding Shocks (2012)Asset Fire Sales and Purchase…A Flow-Based Explanation for Return Predictability (2012)A Flow-Based Explanation for …The role of institutional investors in propagating the crisis of 2007–2008 (2011)The role of institutional inv…The Illiquidity of Corporate Bonds (2011)The Illiquidity of Corporate …Stock price fragility (2011)Stock price fragilityRegulatory pressure and fire sales in the corporate bond market (2011)Regulatory pressure and fire …Liquidity Biases in TRACE (2009)Liquidity Biases in TRACEMeasuring Abnormal Bond Performance (2008)Measuring Abnormal Bond Perfo…Corporate Yield Spreads and Bond Liquidity (2007)Corporate Yield Spreads and B…Corporate Bond Market Transaction Costs and Transparency (2007)Corporate Bond Market Transac…Asset Fire Sales (and Purchases) in Equity Markets (2005)Asset Fire Sales (and Purchas…The impact of institutional trading on stock prices (1992)The impact of institutional t…A Simple Implicit Measure of the Effective Bid-Ask Spread in an Efficient Market (1984)A Simple Implicit Measure of …Slow Moving CapitalSlow Moving CapitalIn Safe Hands: The Financial and Real Impact of Investor Composition over the Credit Cycle (2025)In Safe Hands: The Financial …Retail Financial Innovation and Stock Market Dynamics: The Case of Target Date Funds (2023)Retail Financial Innovation a…Fund ESG performance and downside risk: Evidence from China (2023)Fund ESG performance and down…ESG investment preference and fund vulnerability (2023)ESG investment preference and…Customer Liquidity Provision: Implications for Corporate Bond Transaction Costs (2023)Customer Liquidity Provision:…What Drives the Size and Value Factors? (2022)What Drives the Size and Valu…Fire-sale risk in the leveraged loan market (2022)Fire-sale risk in the leverag…The Unintended Consequences of Corporate Bond ETFs: Evidence from the Taper Tantrum (2021)The Unintended Consequences o…The Global Green Bond Market in the Face of the COVID-19 Pandemic (2021)The Global Green Bond Market …Sitting bucks: Stale pricing in fixed income funds (2021)Sitting bucks: Stale pricing …ETFs, Illiquid Assets, and Fire Sales (2021)ETFs, Illiquid Assets, and Fi…Does mutual fund illiquidity introduce fragility into asset prices? Evidence from the corporate bond market (2021)Does mutual fund illiquidity …Capital supply and corporate bond issuances: Evidence from mutual fund flows (2021)Capital supply and corporate …Mutual Fund Trading Style and Bond Market Fragility (2020)Mutual Fund Trading Style and…How Did COVID-19 Affect Firms’ Access to Public Capital Markets?* (2020)How Did COVID-19 Affect Firms…Green bonds: a survey (2020)Green bonds: a surveyEssays in Positive Economics (1954)Does the Stock Market Overreact? (1985)A Simple Model of Herd Behavior (1992)Risk Taking by Mutual Funds as a Response to Incentives (1997)Investor Psychology and Asset Pricing (2001)The Geography of Investment: Informed Trading and Asset Prices (2001)Market microstructure theory (1995)Market Microstructure Theory. (1996)Market microstructure: A survey (2000)How Much of the Corporate-Treasury Yield Spread Is Due to Credit Risk? (2012)Intermediary asset pricing: New evidence from many asset classes (2017)The Behavior of Stock-Market Prices (1965)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test (1988)Efficient Capital Markets: II (1991)Risk, Return, and Equilibrium: Empirical Tests (1973)Liquidity Risk and Expected Stock Returns (2003)Corporate bond liquidity before and after the onset of the subprime crisis (2011)Rollover Risk and Credit Risk (2012)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)On Persistence in Mutual Fund Performance (1997)Limits of Arbitrage (2010)Do ETFs Increase Volatility? (2014)Scale and skill in active management (2014)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Dumb money: Mutual fund flows and the cross-section of stock returns (2008)Presidential Address: Asset Price Dynamics with Slow‐Moving Capital (2010)Fire Sales in Finance and Macroeconomics (2011)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Limited-dependent and qualitative variables in econometrics (1983)Do Shareholders Benefit from Green Bonds? (2018)A Simple Model of Capital Market Equilibrium with Incomplete Information (1987)The Limits of Arbitrage (1995)Market Liquidity and Funding Liquidity (2008)The Same Bond at Different Prices: Identifying Search Frictions and Selling Pressures (2010)A Model of Capital and Crises (2011)Hedge Fund Stock Trading in the Financial Crisis of 2007-2009 (2011)Illiquidity and stock returns: cross-section and time-series effects (2002)Rating Agencies in the Face of Regulation (2011)Vulnerable banks (2014)Measuring security price performance (1980)Using daily stock returns (1985)Reaching for Yield in the Bond Market (2014)Climate Change News Risk and Corporate Bond Returns (2020)
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References

  • 1984A Simple Implicit Measure of the Effective Bid-Ask Spread in an Efficient Market2,748 cited
  • 1992The impact of institutional trading on stock prices2,068 cited
  • 2005Asset Fire Sales (and Purchases) in Equity Markets1,704 cited
  • 2007Corporate Yield Spreads and Bond Liquidity1,087 cited
  • 2011The Illiquidity of Corporate Bonds989 cited
  • 2007Corporate Bond Market Transaction Costs and Transparency966 cited
  • 2012A Flow-Based Explanation for Return Predictability769 cited
  • 2008Measuring Abnormal Bond Performance655 cited
  • 2011Regulatory pressure and fire sales in the corporate bond market527 cited
  • n.d.Slow Moving Capital464 cited
  • 2012Asset Fire Sales and Purchases and the International Transmission of Funding Shocks379 cited
  • 2009Liquidity Biases in TRACE372 cited
  • 2018Capital Commitment and Illiquidity in Corporate Bonds326 cited
  • 2011The role of institutional investors in propagating the crisis of 2007–2008317 cited
  • 2011Stock price fragility300 cited
  • 2018The Volcker Rule and corporate bond market making in times of stress

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283 cited

Cited by

  • 2020How Did COVID-19 Affect Firms’ Access to Public Capital Markets?*149 cited
  • 2021Does mutual fund illiquidity introduce fragility into asset prices? Evidence from the corporate bond market127 cited
  • 2023Customer Liquidity Provision: Implications for Corporate Bond Transaction Costs86 cited
  • 2020Green bonds: a survey81 cited
  • 2020Mutual Fund Trading Style and Bond Market Fragility66 cited
  • 2021Capital supply and corporate bond issuances: Evidence from mutual fund flows63 cited
  • 2023Retail Financial Innovation and Stock Market Dynamics: The Case of Target Date Funds59 cited
  • 2021Sitting bucks: Stale pricing in fixed income funds56 cited
  • 2023Fund ESG performance and downside risk: Evidence from China56 cited
  • 2021The Unintended Consequences of Corporate Bond ETFs: Evidence from the Taper Tantrum53 cited
  • 2025In Safe Hands: The Financial and Real Impact of Investor Composition over the Credit Cycle41 cited
  • 2021ETFs, Illiquid Assets, and Fire Sales41 cited
  • 2022What Drives the Size and Value Factors?40 cited
  • 2023ESG investment preference and fund vulnerability38 cited
  • 2022Fire-sale risk in the leveraged loan market38 cited
  • 2021The Global Green Bond Market in the Face of the COVID-19 Pandemic36 cited