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2023/11
香港城市大学经济与金融系王军波教授学术讲座
时 间:12月6日上午9:00-10:30腾讯会议:297-894-629题 目:Extreme Illiquidity and Cross-Sectional Corporate Bond Returns内 容:Corporate bonds carry an extreme illiquidity (EIL) premium. This premium permeates all rating categories and heightens during financial crises and periods of high uncertainty. EIL has predictive power in the cross-section for future returns up to at least one year. Active investors ...