RePEcTrading, Microstructure & Execution
Corporate bond multipliers: substitutes matter
Heterogeneous substitutability between corporate bonds implies security-level multipliers are much smaller than previous estimates, though portfolio multipliers remain substantial.
Featured in No. 135 on 16 Oct 2026 · 4 days after release
- Released
- 12 Oct 2026
- First featured
- No. 135 · 16 Oct 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 2 of 5
- Identifier
- RePEc:ehl:lserod:138916
- Authors
- Manav Chaudhary et al.
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).