Essays in Investments
Thesis advisor: Jeffrey Pontiff === The first essay of this dissertation studies the effect of Exchange Traded Funds (ETFs) on the yields and liquidity of the underlying corporate bonds. I find that ETFs lower the yield, have an insignificant or negative impact on the liquidity, and decrease the ret...
Main Author: | |
---|---|
Format: | Others |
Language: | English |
Published: |
Boston College
2015
|
Subjects: | |
Online Access: | http://hdl.handle.net/2345/bc-ir:104365 |