Bank Debt, Mutual Fund Equity, and Swing Pricing in Liquidity Provision
收藏数据链接：
官方服务：
资源简介：
Liquidity provision is often attributed to debt-issuing intermediaries like banks. We develop a unified theoretical framework and empirically show that mutual funds issuing demandable equity also provide an economically significant amount of liquidity by insuring against idiosyncratic liquidity
提供机构：
美国国家经济研究局创建时间：
2025-02-01
