Acharya, Viral V. (contributor); … - 2007
intermediaries withdrew liquidity more sharply from bonds with greater inventory
risk.
While all clinical studies must be taken … liquidity in other assets
through the funding risk faced by intermediaries. Hence, we focus on a specific event
– the GM and …
downgrades. Hence, this work is directly related to our analysis in this paper. On the empirical front,
Rigobon (2002) studies …