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Who benefits from the corporate QE? A regression discontinuity design approach
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Cited by:
- Yuriy Kitsul & Oleg Sokolinskiy & Jonathan H. Wright, 2022. "Market Effects of Central Bank Credit Markets Support Programs in Europe," International Finance Discussion Papers 1357, Board of Governors of the Federal Reserve System (U.S.).
- De Santis, Roberto A. & Zaghini, Andrea, 2021.
"Unconventional monetary policy and corporate bond issuance,"
European Economic Review, Elsevier, vol. 135(C).
- De Santis, Roberto A. & Zaghini, Andrea, 2019. "Unconventional monetary policy and corporate bond issuance," Working Paper Series 2329, European Central Bank.
- De Santis, Roberto A. & Zaghini, Andrea, 2021. "Unconventional monetary policy and corporate bond issuance," CFS Working Paper Series 654, Center for Financial Studies (CFS).
- Manuel Adelino & Miguel A Ferreira & Mariassunta Giannetti & Pedro Pires, 2023.
"Trade Credit and the Transmission of Unconventional Monetary Policy,"
The Review of Financial Studies, Society for Financial Studies, vol. 36(2), pages 775-813.
- Ferreira, Miguel & Adelino, Manuel & Giannetti, Mariassunta & Pires, Pedro, 2020. "Trade Credit and the Transmission of Unconventional Monetary Policy," CEPR Discussion Papers 14639, C.E.P.R. Discussion Papers.
- Manuel Adelino & Miguel A. Ferreira & Mariassunta Giannetti & Pedro Pires, 2022. "Trade credit and the transmission of unconventional monetary policy," Nova SBE Working Paper Series wp650, Universidade Nova de Lisboa, Nova School of Business and Economics.
- Manuel Adelino & Miguel A. Ferreira & Mariassunta Giannetti & Pedro Pires, 2020. "Trade Credit and the Transmission of Unconventional Monetary Policy," NBER Working Papers 27077, National Bureau of Economic Research, Inc.
- Abidi, Nordine & Falagiarda, Matteo & Miquel-Flores, Ixart, 2023.
"Quantitative easing and credit rating agencies,"
International Review of Financial Analysis, Elsevier, vol. 86(C).
- Nordine Abidi & Matteo Falagiarda & Ixart Miquel-Flores, 2022. "Quantitative Easing and Credit Rating Agencies," IMF Working Papers 2022/113, International Monetary Fund.
- Yang Zhang & Lena Suchanek & Jonathan Swarbrick & Joel Wagner & Tudor Schlanger, 2021. "Sequencing Extended Monetary Policies at the Effective Lower Bound," Discussion Papers 2021-10, Bank of Canada.
- Olav Syrstad, 2020. "Covered Interest Parity in long-dated securities," Working Paper 2020/11, Norges Bank.
- Pietsch, Allegra & Salakhova, Dilyara, 2022. "Pricing of green bonds: drivers and dynamics of the greenium," Working Paper Series 2728, European Central Bank.
- Betz, Frank & De Santis, Roberto A., 2019. "ECB corporate QE and the loan supply to bank-dependent firms," Working Paper Series 2314, European Central Bank.
- Franziska Bremus & Franziska Schütze & Aleksandar Zaklan, 2021. "The Impact of ECB Corporate Sector Purchases on European Green Bonds," Discussion Papers of DIW Berlin 1938, DIW Berlin, German Institute for Economic Research.
- Lena Boneva & David Elliott & Iryna Kaminska & Oliver Linton & Nick McLaren & Ben Morley, 2022.
"The Impact of Corporate QE on Liquidity: Evidence from the UK,"
The Economic Journal, Royal Economic Society, vol. 132(648), pages 2615-2643.
- Boneva, L. & Elliott, D. & Kaminska, I. & Linton, O. & McLaren, N. & Morley, B., 2019. "The Impact of Corporate QE on Liquidity: Evidence from the UK," Cambridge Working Papers in Economics 1937, Faculty of Economics, University of Cambridge.
- Boneva, Lena & Elliott, David & Kaminska, Iryna & Linton, Oliver & McLaren, Nick & Morley, Ben, 2019. "The impact of corporate QE on liquidity: evidence from the UK," Bank of England working papers 782, Bank of England, revised 23 Jul 2020.
- Mark A. Carlson & Stefania D'Amico & Cristina Fuentes-Albero & Bernd Schlusche & Paul R. Wood, 2020. "Issues in the Use of the Balance Sheet Tool," Finance and Economics Discussion Series 2020-071, Board of Governors of the Federal Reserve System (U.S.).
- Taneli Mäkinen & Fan Li & Andrea Mercatanti & Andrea Silvestrini, 2020.
"Effects of eligibility for central bank purchases on corporate bond spreads,"
Temi di discussione (Economic working papers)
1300, Bank of Italy, Economic Research and International Relations Area.
- Taneli Mäkinen & Fan Li & Andrea Mercatanti & Andrea Silvestrini, 2020. "Effects of eligibility for central bank purchases on corporate bond spreads," BIS Working Papers 894, Bank for International Settlements.
- Zaghini, Andrea, 2019.
"The CSPP at work: Yield heterogeneity and the portfolio rebalancing channel,"
Journal of Corporate Finance, Elsevier, vol. 56(C), pages 282-297.
- Andrea Zaghini, 2017. "The CSPP at work: yield heterogeneity and the portfolio rebalancing channel," Temi di discussione (Economic working papers) 1157, Bank of Italy, Economic Research and International Relations Area.
- Zaghini, Andrea, 2019. "The CSPP at work - yield heterogeneity and the portfolio rebalancing channel," Working Paper Series 2264, European Central Bank.
- Stefania D'Amico & Vamsi Kurakula & Stephen M. Lee, 2020. "Impacts of the Fed Corporate Credit Facilities through the Lenses of ETFs and CDX," Working Paper Series WP-2020-14, Federal Reserve Bank of Chicago.
- Mäkinen, Taneli & Li, Fan & Mercatanti, Andrea & Silvestrini, Andrea, 2022. "Causal analysis of central bank holdings of corporate bonds under interference," Economic Modelling, Elsevier, vol. 113(C).
- Heidorn, Thomas & Schlamann, Sara, 2022. "The dynamics of rating based credit benchmark curves," Frankfurt School - Working Paper Series 231, Frankfurt School of Finance and Management.
- Nozawa, Yoshio & Qiu, Yancheng, 2021. "Corporate bond market reactions to quantitative easing during the COVID-19 pandemic," Journal of Banking & Finance, Elsevier, vol. 133(C).
- Rischen, Tobias & Theissen, Erik, 2018. "Underpricing in the euro area corporate bond market: New evidence from post-crisis regulation and quantitative easing," CFR Working Papers 18-03, University of Cologne, Centre for Financial Research (CFR).
- Pelizzon, Loriana & Riedel, Max & Simon, Zorka & Subrahmanyam, Marti G., 2024.
"Collateral eligibility of corporate debt in the Eurosystem,"
Journal of Financial Economics, Elsevier, vol. 153(C).
- Pelizzon, Loriana & Riedel, Max & Simon, Zorka & Subrahmanyam, Marti G., 2020. "Collateral eligibility of corporate debt in the Eurosystem," SAFE Working Paper Series 275, Leibniz Institute for Financial Research SAFE.
- Elena Rodríguez de Codes & Antonio Marcelo & Roberto Blanco & Sergio Mayordomo & Fabián Arrizabalaga & Patricia Stupariu, 2020. "The challenges associated with the use of agencies’ credit ratings in the context of the COVID-19 crisis," Revista de Estabilidad Financiera, Banco de España, issue Autumn.
- Cappiello, Lorenzo & Holm-Hadulla, Fédéric & Maddaloni, Angela & Mayordomo, Sergio & Unger, Robert & Arts, Laura & Meme, Nicolas & Asimakopoulos, Ioannis & Migiakis, Petros & Behrens, Caterina & Moura, 2021. "Non-bank financial intermediation in the euro area: implications for monetary policy transmission and key vulnerabilities," Occasional Paper Series 270, European Central Bank.
- Diana Bonfim & André Capela, 2020. "The effect of corporate bond purchases by the ECB on firms’ borrowing costs," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
- Coudert, Virginie & Salakhova, Dilyara, 2020. "Do mutual fund flows affect the French corporate bond market?," Economic Modelling, Elsevier, vol. 87(C), pages 496-510.
- Pegoraro, Stefano & Montagna, Mattia, 2021. "Issuance and valuation of corporate bonds with quantitative easing," Working Paper Series 2520, European Central Bank.
- Fernando Avalos & Emmanuel C Mamatzakis, 2018. "Euro area unconventional monetary policy and bank resilience," BIS Working Papers 754, Bank for International Settlements.
- Virginie Coudert & Dilyara Salakhova, 2019. "Price effect of mutual fund flows on the corporate bond market. The French case," Working papers 706, Banque de France.
- Boneva, Lena & Islami, Mevlud & Schlepper, Kathi, 2021. "Liquidity in the German corporate bond market: Has the CSPP made a difference?," Discussion Papers 08/2021, Deutsche Bundesbank.
- D’Amico, Stefania & Kaminska, Iryna, 2019. "Credit easing versus quantitative easing: evidence from corporate and government bond purchase programs," Bank of England working papers 825, Bank of England.
- Pana Alves & Sergio Mayordomo & Manuel Ruiz-García, 2022. "Corporate financing in fixed-income markets: the contribution of monetary policy to lowering the size barrier," Occasional Papers 2209, Banco de España.
- Berg, Tobias & Haselmann, Rainer & Kick, Thomas & Schreiber, Sebastian, 2022. "Unintended side effects of unconventional monetary policy," LawFin Working Paper Series 27, Goethe University, Center for Advanced Studies on the Foundations of Law and Finance (LawFin).
- David Tercero‐Lucas, 2023. "Nonstandard monetary policies and bank profitability: The case of Spain," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(3), pages 2248-2277, July.
- Jay Cullen, 2022. "“Economically inefficient and legally untenable”: constitutional limitations on the introduction of central bank digital currencies in the EU," Journal of Banking Regulation, Palgrave Macmillan, vol. 23(1), pages 31-41, March.
- Carpinelli, Luisa & Crosignani, Matteo, 2021. "The design and transmission of central bank liquidity provisions," Journal of Financial Economics, Elsevier, vol. 141(1), pages 27-47.
- Koráb, Petr & Saadaoui Mallek, Ray & Dibooglu, Sel, 2021. "Effects of quantitative easing on firm performance in the euro area," The North American Journal of Economics and Finance, Elsevier, vol. 57(C).