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Are pre-funded bonds good substitutes for zeros in corporate financing?

Hung, Ken; Liu, Shinhua - In: International journal of bonds and derivatives 2 (2016) 4, pp. 365-378

Persistent link: https://www.econbiz.de/10011807750

Taxes, default risk, and credit spreads

Liu, Sheen; Wu, Chunchi - In: The journal of fixed income 14 (2004) 2, pp. 71-85

Persistent link: https://www.econbiz.de/10002421474

Risky debt-maturity choice under information asymmetry

Liu, Sheen; Wu, Chunchi - In: Advances in quantitative analysis of finance and … 4 (2006), pp. 75-96

Persistent link: https://www.econbiz.de/10003430899

The effects of default and call risk on bond duration

Xie, Yan Alice; Liu, Sheen; Wu, Chunchi; Anderson, Bing - In: Journal of banking & finance 33 (2009) 9, pp. 1700-1708

Persistent link: https://www.econbiz.de/10003872871

How much of the corporate bond spread is due to personal taxes?

Liu, Sheen; Shi, Jian; Wang, Junbo; Wu, Chunchi - In: Journal of financial economics 85 (2007) 3, pp. 599-636

Persistent link: https://www.econbiz.de/10003546278

Inferring default correlation from equity return correlation

Liu, Sheen; Qi, Howard; Shi, Jian; Xie, Yan Alice - In: European financial management : the journal of the … 21 (2015) 2, pp. 333-359

Persistent link: https://www.econbiz.de/10010516668

Search friction, liquidity risk, and bond misallocation

Liu, Shuo - In: Journal of financial markets 70 (2024), pp. 1-25

Persistent link: https://www.econbiz.de/10015084422

Search Friction, Liquidity Risk and Bond Misallocation

Liu, Shuo - 2023

Search friction is a key driver of changes in corporate bond yield spreads over time. In the cross-section, the liquidity risk stemming from search friction is significantly priced, and is strongly correlated with the misallocation of bond positions among different traders. To capture this...

Persistent link: https://www.econbiz.de/10014353518