An Empirical Analysis Of Stock And Bond Market Liquidity

st_rep_figures.pdf......Page 
Panel C: Bond and stock returns (Number of observations: 1908 for bonds and 1907 for stocks)......Page 40
Panel D: Bond and stock volatility (Number of observations: 1908 for bonds and 1907 for stocks)......Page 41
Panel A: Sum of the coefficient estimates and the p-values from the Granger causality tests......Page 43
Variance Decomposition (%) of QSPRS......Page 44
Variance Decomposition (%) of QSPRS......Page 48
Figure 2. The Quoted Bid-Ask Spread: Adjusted Series......Page 51
Figure 3......Page 52
Figure 3, contd.......Page 53
Figure 4......Page 54
Figure 4, contd.......Page 55
Panel B: Response of endogenous variables to the bond quoted spread......Page 56
Figure 5: Crisis Period response of endogenous variables to net borrowed reserves......Page 57
Figure 6, contd.......Page 58
Figure 7: Response of endogenous variables to equity fund flows......Page 59
Figure 8: Response of endogenous variables to bond fund flows......Page 60