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(1) How Market Liquidity Disappeared During The COVID Crisis (4 min read) In this week’s Deep Dive Sam van de Schootbrugge reviews a Fed paper looking at Treasury market liquidity during the height of the COVID crisis. Crucially, trading algos used by principal trading firms didn’t provide liquidity as many had hoped.
(Sam van de Schootbrugge │ 30th September, 2020)
US Housing Market during COVID-19: Aggregate and Distributional Evidence (IMF, 39 page read)
The Economics of Currency Risk (NBER, 24 page read)
War, Socialism and the Rise of Fascism: An Empirical Exploration (NBER, 30 page read)
Covered Interest Parity in long-dated securities (Norges Bank, 33 page read)
In Search of the Origins of Financial Fluctuations: The Inelastic Markets Hypothesis (NBER, 79 page read)
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