Results 181 to 190 of about 520 (246)

Quote Competition in Corporate Bonds

open access: yesThe Journal of Finance, Volume 81, Issue 4, Page 2165-2216, August 2026.
ABSTRACT Dealer quotes in corporate bonds, though indicative, lower trading costs and increase trading volume. Dealers offering higher quality quotes attract more order flow and execute trades at favorable prices. Dealers advertise quotes to manage their inventories and attract orders from nonrelationship clients.
TERRENCE HENDERSHOTT   +4 more
wiley   +1 more source

Bank Competition Amid Digital Disruption: Implications for Financial Inclusion

open access: yesThe Journal of Finance, Volume 81, Issue 4, Page 1951-2004, August 2026.
ABSTRACT We examine how digital disruption affects bank competition using the staggered rollout of 3G mobile networks. 3G expansion increased mobile banking adoption among tech‐savvy households, reducing branch networks—especially in younger counties.
ERICA XUEWEI JIANG   +2 more
wiley   +1 more source

Hedger of Last Resort: Evidence from Brazilian FX Interventions, Local Credit, and Global Financial Cycles

open access: yesThe Journal of Finance, Volume 81, Issue 4, Page 2331-2370, August 2026.
ABSTRACT We show that FX interventions can be effective, particularly in attenuating global financial spillovers. We exploit global financial shocks and Brazilian central bank interventions in FX derivatives using three matched administrative registers: bank credit (to firms), foreign credit to banks, and employer‐employees. After the U.S.
RODRIGO BARBONE GONZALEZ   +3 more
wiley   +1 more source

The Debt‐Equity Spread

open access: yesThe Journal of Finance, Volume 81, Issue 4, Page 2005-2062, August 2026.
ABSTRACT We propose a measure of the valuation gap between debt and equity—debt‐equity spread (DES)—based on the difference between actual and equity‐implied credit spreads. DES predicts cross‐sectional stock and bond returns in opposite directions.
HUI CHEN, ZHIYAO CHEN, JUN LI
wiley   +1 more source

Palatal violence: Sonic gatekeeping and enemy‐making in wartime Ukraine

open access: yesJournal of Linguistic Anthropology, Volume 36, Issue 2, August 2026.
Abstract Within 2 days of Russia's full‐scale invasion of Ukraine, a single word—palianytsia, a Ukrainian round loaf—became a phonetic test separating Ukrainians from Russians. The article traces how a culinary term was enregistered as a wartime shibboleth that structurally marks the very citizens it was meant to protect as enemies.
Anatoli Ulyanov
wiley   +1 more source

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