第2回 研究会

Factors Affecting Japanese Corporate Bond Spreads and Primary Bond Holder Investment Activities: Flight to Liquidity

  • 白須 洋子(青山学院大学)
  • 関連キーワード :

We empirically examine the market liquidity and funding liquidity of Japanese bond spreads from the perspective of primary bond holder,banks, investment activity during two financial crises, the 1990s and the 2008 global financial crisis.Through empirical analysis, we identify three key issues.