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...
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| Format: | Others |
| Language: | English |
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Boston College
2015
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| Online Access: | http://hdl.handle.net/2345/bc-ir:104365 |