The Role of Institutional Investors in Propagating the Crisis of 2007–2008
Published Date
Copyright 2012
DOI 10.1016/j.jfineco.2011.05.011
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Copy CitationAlberto Manconi, Massimo Massa, and Ayako Yasuda, Market Institutions and Financial Market Risk (Journal of Financial Economics 104 (3), 2010), https://www.nber.org/books-and-chapters/market-institutions-and-financial-market-risk/role-institutional-investors-propagating-crisis-2007-2008.
Published From Paper
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Working Paper
Using a novel data of institutional investors' bond holdings, we examine a transmission of the crisis of 2007-2008...