The Value of Trading Relationships in Turbulent Times
收藏NBER2016-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22332
下载链接
链接失效反馈官方服务：
资源简介：
This paper investigates the ways in which the network of relationships between dealers shapes their trading behavior in the corporate bond market. They charge lower spreads to dealers with whom they have the strongest ties, and this effect is all the more pronounced at times of market turmoil.
提供机构：
美国国家经济研究局
创建时间：
2016-06-01
