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Essays in asset pricing and institutional investors

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Academic year: 2020

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Figure

Figure 1.1: CDS Basis and 1-week Negative Basis Trading RER
Figure 1.2: Negative Basis Trading RER’s Time-varying Exposure to SystematicFactors
Figure 1.3: Cumulative Absolute RERs of Negative Basis
Figure 1.4: Time-varying Coefficient Estimate of ψ for 3yr Grade A Corporate Bond
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