Details about Or Shachar

Access statistics for papers by Or Shachar.

Last updated 2025-02-07. Update your information in the RePEc Author Service.

Short-id: psh726

Working Papers

2024

1. Corporate Bond Market Distress
   Working Paper, Federal Reserve Bank of Richmond
   Also in Staff Reports, Federal Reserve Bank of New York (2021) View citations (2)
2. End‑of‑Month Liquidity in the Treasury Market
   Liberty Street Economics, Federal Reserve Bank of New York
3. Nonstandard Errors
   Post-Print, HAL View citations (2)
   Also in Working Papers, Lund University, Department of Economics (2021)
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2024) View citations (2)
   Working Papers, Faculty of Economics and Statistics, Universität Innsbruck (2021) View citations (6)
   See also Journal Article Nonstandard Errors, Journal of Finance, American Finance Association (2024) View citations (2) (2024)

2023

4. Dealer Capacity and U.S. Treasury Market Functionality
   Staff Reports, Federal Reserve Bank of New York View citations (3)
   Also in BIS Working Papers, Bank for International Settlements (2023) View citations (4)
5. The 2022 Spike in Corporate Security Settlement Fails
   Liberty Street Economics, Federal Reserve Bank of New York
6. What’s New with Corporate Leverage?
   Liberty Street Economics, Federal Reserve Bank of New York

2022

7. How Is the Corporate Bond Market Functioning as Interest Rates Increase?
   Liberty Street Economics, Federal Reserve Bank of New York
8. How Is the Corporate Bond Market Responding to Financial Market Volatility?
   Liberty Street Economics, Federal Reserve Bank of New York
9. What Is Corporate Bond Market Distress?
   Liberty Street Economics, Federal Reserve Bank of New York

2021

10. COVID Response: The Municipal Liquidity Facility
    Staff Reports, Federal Reserve Bank of New York
11. COVID Response: The Primary and Secondary Corporate Credit Facilities
    Staff Reports, Federal Reserve Bank of New York View citations (1)
12. Measuring the Forest through the Trees: The Corporate Bond Market Distress Index
    Liberty Street Economics, Federal Reserve Bank of New York
13. The Option Value of Municipal Liquidity: Evidence from Federal Lending Cutoffs during COVID-19
    Staff Reports, Federal Reserve Bank of New York View citations (13)

2020

14. Alternative Trading Systems in the Corporate Bond Market
    Staff Reports, Federal Reserve Bank of New York
15. Bank-Intermediated Arbitrage
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    Also in Staff Reports, Federal Reserve Bank of New York (2018) View citations (11)
    Liberty Street Economics, Federal Reserve Bank of New York (2018) View citations (12)
16. How Has Post-Crisis Banking Regulation Affected Hedge Funds and Prime Brokers?
    Liberty Street Economics, Federal Reserve Bank of New York
17. It's What You Say and What You Buy: A Holistic Evaluation of the Corporate Credit Facilities
    CESifo Working Paper Series, CESifo View citations (27)
    Also in Staff Reports, Federal Reserve Bank of New York (2020) View citations (23)
    See also Journal Article It’s what you say and what you buy: A holistic evaluation of the corporate credit facilities, Journal of Financial Economics, Elsevier (2022) View citations (19) (2022)
18. It’s what you say and what you buy: A holistic evaluation of the Corporate Credit Facilities
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (27)
19. The Evolving Market for U.S. Sovereign Credit Risk
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
20. The Impact of the Corporate Credit Facilities
    Liberty Street Economics, Federal Reserve Bank of New York
21. The Primary and Secondary Market Corporate Credit Facilities
    Liberty Street Economics, Federal Reserve Bank of New York View citations (4)
22. Treasury Market When-Issued Trading Activity
    Liberty Street Economics, Federal Reserve Bank of New York
23. What’s in A(AA) Credit Rating?
    Liberty Street Economics, Federal Reserve Bank of New York

2019

24. Credit Market Choice
    2019 Meeting Papers, Society for Economic Dynamics
    Also in Staff Reports, Federal Reserve Bank of New York (2018) View citations (4)
    Liberty Street Economics, Federal Reserve Bank of New York (2018) View citations (5)
25. The Long and Short of It: The Post-Crisis Corporate CDS Market
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in Staff Reports, Federal Reserve Bank of New York (2019) View citations (4)
    See also Journal Article The Long and Short of It: The Post-Crisis Corporate CDS Market, Economic Policy Review, Federal Reserve Bank of New York (2020) View citations (5) (2020)

2018

26. Breaking Down TRACE Volumes Further
    FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) View citations (6)
    Also in Liberty Street Economics, Federal Reserve Bank of New York (2018) View citations (6)
27. Did Banks Subject to LCR Reduce Liquidity Creation?
    Liberty Street Economics, Federal Reserve Bank of New York
28. Flighty liquidity
    Staff Reports, Federal Reserve Bank of New York
29. Liquidity Effects of Post-Crisis Regulatory Reform
    Liberty Street Economics, Federal Reserve Bank of New York
30. Liquidity Regulations, Bank Lending, and Fire-Sale Risk
    Staff Reports, Federal Reserve Bank of New York View citations (6)
    See also Journal Article Liquidity regulations, bank lending and fire-sale risk, Journal of Banking & Finance, Elsevier (2023) View citations (3) (2023)
31. Unlocking the Treasury Market through TRACE
    Liberty Street Economics, Federal Reserve Bank of New York View citations (5)
    Also in FEDS Notes, Board of Governors of the Federal Reserve System (U.S.) (2018) View citations (5)

2017

32. Dealer Balance Sheets and Bond Liquidity Provision
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (66)
    Also in Staff Reports, Federal Reserve Bank of New York (2016) View citations (39)
    See also Journal Article Dealer balance sheets and bond liquidity provision, Journal of Monetary Economics, Elsevier (2017) View citations (61) (2017)
33. Dealer Balance Sheets and Corporate Bond Liquidity Provision
    Liberty Street Economics, Federal Reserve Bank of New York View citations (28)
34. Market Liquidity after the Financial Crisis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (51)
    Also in Liberty Street Economics, Federal Reserve Bank of New York (2017) View citations (26)
    Staff Reports, Federal Reserve Bank of New York (2016) View citations (40)
    See also Journal Article Market Liquidity After the Financial Crisis, Annual Review of Financial Economics, Annual Reviews (2017) (2017)

2015

35. Changes in the Returns to Market Making
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
36. Credit Risk and Interdealer Networks
    2015 Meeting Papers, Society for Economic Dynamics View citations (2)
37. Has Liquidity Risk in the Corporate Bond Market Increased?
    Liberty Street Economics, Federal Reserve Bank of New York View citations (4)
38. Have Dealers' Strategies in the GCF Repo® Market Changed?
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)
39. Redemption Risk of Bond Mutual Funds and Dealer Positioning
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)
40. The Effects of Entering and Exiting a Credit Default Swap Index
    Liberty Street Economics, Federal Reserve Bank of New York View citations (3)

2014

41. Is There a Future for Credit Default Swap Futures?
    Liberty Street Economics, Federal Reserve Bank of New York
42. Lunch Anyone? Volatility on the Tokyo Stock Exchange around the Lunch Break on May 23, 2013, and Stock Market Circuit Breakers
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)

2013

43. Did liquidity providers become liquidity seekers?
    Staff Reports, Federal Reserve Bank of New York View citations (15)

Journal Articles

2024

1. Nonstandard Errors
   Journal of Finance, 2024, 79, (3), 2339-2390 View citations (2)
   See also Working Paper Nonstandard Errors, Post-Print (2024) View citations (2) (2024)

2023

2. Liquidity regulations, bank lending and fire-sale risk
   Journal of Banking & Finance, 2023, 156, (C) View citations (3)
   See also Working Paper Liquidity Regulations, Bank Lending, and Fire-Sale Risk, Staff Reports (2018) View citations (6) (2018)

2022

3. It’s what you say and what you buy: A holistic evaluation of the corporate credit facilities
   Journal of Financial Economics, 2022, 144, (3), 695-731 View citations (19)
   See also Working Paper It's What You Say and What You Buy: A Holistic Evaluation of the Corporate Credit Facilities, CESifo Working Paper Series (2020) View citations (27) (2020)
4. The Municipal Liquidity Facility
   Economic Policy Review, 2022, 28, (1)
5. The Primary and Secondary Corporate Credit Facilities
   Economic Policy Review, 2022, 28, (1)

2020

6. The Long and Short of It: The Post-Crisis Corporate CDS Market
   Economic Policy Review, 2020, 26, (3), 49 View citations (5)
   See also Working Paper The Long and Short of It: The Post-Crisis Corporate CDS Market, CEPR Discussion Papers (2019) View citations (4) (2019)

2017

7. Dealer balance sheets and bond liquidity provision
   Journal of Monetary Economics, 2017, 89, (C), 92-109 View citations (61)
   See also Working Paper Dealer Balance Sheets and Bond Liquidity Provision, CEPR Discussion Papers (2017) View citations (66) (2017)
8. Market Liquidity After the Financial Crisis
   Annual Review of Financial Economics, 2017, 9, (1), 43-83
   See also Working Paper Market Liquidity after the Financial Crisis, CEPR Discussion Papers (2017) View citations (51) (2017)

2013

9. Why Do Closed-End Bond Funds Exist? An Additional Explanation for the Growth in Domestic Closed-End Bond Funds
   Journal of Financial and Quantitative Analysis, 2013, 48, (2), 405-425 View citations (11)