Search friction, liquidity risk, and bond misallocation
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DOI: 10.1016/j.finmar.2024.100912
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More about this item
Keywords
Corporate bond market; Bond misallocation; Liquidity risk; Search friction;All these keywords.
JEL classification:
- G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
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