We show that a firm's ability to access the public bond market for the first time is greatly
improved when habitual dual holders (HDHs)—financial conglomerates that tend to …

Using primary dealer transactional data from the government bond (gilt) market in the United
Kingdom, we identify a new channel through which dealer funding constraints may impair …

We use proprietary transactional data to examine the determinants of liquidity in the UK
government bond (gilt) market, over a rich sample period that covers both the financial crisis …

This thesis contributes to the literatures on socially responsible investment and banking
regulation. In the first paper, I ask how socially responsible investors (SRI) should allocate …

Rational frictionless asset pricing models imply that inflation swap rates and break-even
inflation rates with same maturity must be equal. The data, however, suggest a persistent …

Rational frictionless asset pricing models imply that continuously compounded zero-coupon
inflation swap and break-even inflation rates with same maturity must be equal. The data …

It is common knowledge that financial sector bonds underperformed on a relative basis
immediately following the financial crisis of 2008. We use the portfolio Sharpe ratio and …

This thesis assess the issuance of and economic value contained within the inflation-linked
government bonds. Chapter 1 looks at how the US Treasury auction marketplace has …

In this paper we capture the nonlinear nature of limits to arbitrage. Specifically, we
investigate a complex interaction between arbitrage costs and funding constraints in …

We use proprietary transactional data to examine the determinants of liquidity in the UK
government bond (gilt) market over a rich sample period that covers both the financial crisis …