Central Bank Purchases and Corporate Bond Issuance during the Pandemic: The Case of Japan
Abstract In its massive purchases of corporate bonds during the COVID‐19 pandemic, the Bank of Japan set the maximum eligible remaining maturity at 5 years. I document that during the postpandemic period, Japanese firms increased bond issuance, with the increase concentrated in (1) issuance of bonds with eligible maturities (1–5 years) and (2 ...
Yusuke Tsujimoto
wiley +1 more source
How Dairy Cows Are Culled from Freestall-Housed Dairy Herds in Wisconsin. [PDF]
Buterbaugh KI, Naze TB, Cook NB.
europepmc +1 more source
Abstract I analyze differences between the core and extended trading sessions in the high‐frequency reaction of equity markets to potential news. Using presidential tweets as unanticipated, potentially market‐stirring events, I find that volatility increases and liquidity deteriorates within fractions of a second after a tweet.
Stefan Scharnowski
wiley +1 more source
SC-NBTI: A Smart Contract-Based Incentive Mechanism for Federated Knowledge Sharing. [PDF]
Zhang Y +6 more
europepmc +1 more source
Pollution Permits and Financing Costs
Abstract Effective environmental policy should consider how the financiers of polluting firms behave. We study phase III of the EU Emission Trading System. Loan spreads for cap‐and‐trade participants are a function of compliance costs, permit market features, and firms’ strategic actions.
FABIO ANTONIOU +3 more
wiley +1 more source
Integrative and conjugative elements in <i>Mycoplasmopsis bovis</i> from Western Canadian feedlot cattle: characterization and conjugative transfer. [PDF]
Andres-Lasheras S +8 more
europepmc +1 more source
Liquidity Crises and the Market‐Maker of Last Resort
Abstract We study market illiquidity in an economy subject to nonfundamental shocks. Asset trading occurs via decentralized bargaining. The model has multiple rational expectations equilibria; we associate certain Pareto‐inferior equilibria with liquidity crises.
CHARLES M. KAHN +2 more
wiley +1 more source
A hybrid MARL clustering framework for real time open pit mine truck scheduling. [PDF]
Xiang X, Lin W, Li D.
europepmc +1 more source
Rural Capitalists and Development in Colonial Africa: A Comparative Analysis
ABSTRACT This paper explores the emergence and role of rural capitalists in colonial Sub‐Saharan Africa by comparing three peasant‐based economies: Bechuanaland, the Gold Coast and Tanganyika. Using social tables, we estimate the population and income shares of better earning agricultural producers and assess their impact on rural inequality and ...
Prince Young Aboagye +2 more
wiley +1 more source
Transport stress induces paradoxical increases in airway inflammatory responses in beef stocker cattle. [PDF]
Jakes GM +4 more
europepmc +1 more source

