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Mutual Fund Liquidity Transformation and Reverse Flight to Liquidity
16 references·16 citing·40 second hopsampled
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References

  • 1983Bank Runs, Deposit Insurance, and Liquidity9,689 cited
  • 2005Asset Fire Sales (and Purchases) in Equity Markets1,704 cited
  • 2007The U.S. Treasury yield curve: 1961 to the present1,337 cited
  • 2008Dumb money: Mutual fund flows and the cross-section of stock returns881 cited
  • 2012A Flow-Based Explanation for Return Predictability769 cited
  • 2010Payoff complementarities and financial fragility: Evidence from mutual fund outflows702 cited
  • 2018A Demand System Approach to Asset Pricing686 cited
  • 2017Investor flows and fragility in corporate bond funds632 cited
  • 2004The Flight‐to‐Liquidity Premium in U.S. Treasury Bond Prices561 cited
  • 2002The bond/old-bond spread514 cited
  • 2004Flight to Quality, Flight to Liquidity, and the Pricing of Risk476 cited
  • 2008A Search‐Based Theory of the On‐the‐Run Phenomenon363 cited
  • 2020Mutual Fund Performance and Flows during the COVID-19 Crisis319 cited
  • 2021Treasury inconvenience yields during the COVID-19 crisis308 cited
  • 1992Bond Returns, Liquidity, and Missing Data289 cited
  • 2000Crisis and Risk Management

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204 cited

Cited by

  • 2020Firm-Level Exposure to Epidemic Diseases: COVID-19, SARS, and H1N1369 cited
  • 2020When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed’s Response349 cited
  • 2021Financial fragility in the COVID-19 crisis: The case of investment funds in corporate bond markets288 cited
  • n.d.Leaning against the wind260 cited
  • 2020When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed’s Response166 cited
  • 2021The Treasury Market in Spring 2020 and the Response of the Federal Reserve107 cited
  • 2020Treasury Inconvenience Yields during the COVID-19 Crisis87 cited
  • 2020Mutual Fund Performance and Flows During the COVID-19 Crisis86 cited
  • 2020Firm-level Exposure to Epidemic Diseases: COVID-19, SARS, and H1N180 cited
  • 2020Do Institutional Investors Stabilize Equity Markets in Crisis Periods? Evidence from COVID-1967 cited
  • 2021FinTech as a Financial Liberator59 cited
  • 2023Retail Financial Innovation and Stock Market Dynamics: The Case of Target Date Funds59 cited
  • 2021The Unintended Consequences of Corporate Bond ETFs: Evidence from the Taper Tantrum53 cited
  • 2020Central bank responses to COVID-1952 cited
  • 2021The Resilience of the U.S. Corporate Bond Market During Financial Crises44 cited
  • 2025In Safe Hands: The Financial and Real Impact of Investor Composition over the Credit Cycle41 cited