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Market greenness predicts liquidity shocks
Market greenness predicts liquidity shocks tied to ESG investor preferences, and ESG-related liquidity better explains stock returns than standard measures during 2015-2019.
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Liquidity shocks spill over to related corporate bond peers
Analysis of liquidity spillover in corporate bond markets following rating downgrades, showing contagion through information learning across related securities.
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Credit risk is linked to liquidity hoarding in African banks
Panel analysis of credit risk-driven liquidity hoarding in African banks, examining institutional quality and global uncertainty effects across 474 institutions, 2013-2022.
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Liquidity-trap spillovers differ sharply across asset-supply shocks
Examine how asset market shocks transmit across borders differently in liquidity traps versus normal times, using a heterogeneous-agent framework with financial frictions.
