Research graph
References from Collateral policy of the central bank and yield spreads of municipal corporate bonds: Evidence from China. Local targets link to admitted publications; unresolved targets remain external evidence.
Illiquidity and stock returns: cross-section and time-series effects
10.1016/s1386-4181(01)00024-6 · 2002 · External reference
The great wall of debt: real estate, political risk, and Chinese local government financing cost
2023 · External reference
Two monetary tools: interest rates and haircuts
10.1086/657530 · 2011 · External reference
Unresolved reference
2014 · External reference
The Eurosystem collateral framework explained
2017 · External reference
Fire sales, the LOLR and bank runs with continuous asset liquidity
10.17132/2693-3179.1439 · 2022 · External reference
Credit risk mitigation in central bank operations and its effects on financial markets: the case of the eurosystem
2006 · External reference
The collateral channel of open market operations
10.1016/j.jfs.2019.03.002 · 2019 · External reference
Central bank haircut policy
10.1007/s10436-010-0171-5 · 2011 · External reference
Impact of economic policy uncertainty on China's urban construction investment bond financing costs
10.1016/j.irfa.2025.103979 · 2025 · External reference
Corporate yield spreads and bond liquidity
10.1111/j.1540-6261.2007.01203.x · 2007 · External reference
Military background officials, risk awareness, and local government fiscal balance: novel evidence from text analysis of Chinese local officials' news reports
10.1016/j.chieco.2024.102166 · 2024 · External reference
Unresolved reference
2009 · External reference
Liquidity or credit risk? The determinants of very short-term corporate yield spreads
10.1111/j.1540-6261.2007.01276.x · 2007 · External reference
Unresolved reference
2023 · External reference
Unresolved reference
External reference
Corporate bond liquidity before and after the onset of the subprime crisis
10.1016/j.jfineco.2011.10.009 · 2012 · External reference
Unresolved reference
External reference
Collateral pledgeability and asset manager portfolio choices during redemption waves
10.1016/j.intfin.2026.102292 · 2026 · External reference
The impacts of political uncertainty on public financing costs: evidence from anti-corruption investigations in China
10.1007/s11127-023-01111-7 · 2024 · External reference
The value of guarantor monitoring: evidence from bond defaults in China
2026 · External reference
Subnational debt of China: the politics-finance nexus
10.1016/j.jfineco.2021.05.028 · 2021 · External reference
Collateral eligibility of credit claims and bank liquidity creation: evidence from China
10.1016/j.ememar.2025.101310 · 2025 · External reference
Collateral policy of the central bank and corporate financing costs: evidence from China
10.1016/j.najef.2023.102042 · 2024 · External reference
The soe premium and government support in China's credit market
10.1111/jofi.13380 · 2024 · External reference
Unresolved reference
External reference
Earnings losses of displaced workers
1993 · External reference
Central bank liquidity provision and collateral quality
10.1016/j.jbankfin.2014.08.022 · 2014 · External reference
Collateral framework: liquidity premia and multiple equilibria
10.1111/jmcb.13048 · 2024 · External reference
Impact of market-oriented local government financing vehicles on credit financing: evidence from China
10.1016/j.econmod.2026.107712 · 2026 · External reference
Research on effect of extreme climates penalties local government debt pricing: evidence from urban investment bonds in China
10.1016/j.najef.2024.102195 · 2024 · External reference
Corporate yield spreads: default risk or liquidity? New evidence from the credit default swap market
10.1111/j.1540-6261.2005.00797.x · 2005 · External reference
Bond yield and credit rating: evidence of Chinese local government financing vehicles
10.1007/s11156-018-0724-7 · 2019 · External reference
The interest of being eligible
10.1111/jmcb.12851 · 2022 · External reference
Collateral haircuts and bond yields in the European government bond markets
10.1016/j.irfa.2020.101467 · 2020 · External reference
Unresolved reference
2016 · External reference
Central bank collateral frameworks
10.1016/j.jbankfin.2016.12.010 · 2017 · External reference
Does expanding collateral for medium-term lending facility alleviate financing challenges for small and micro enterprises? Evidence from China
10.1016/j.iref.2025.104842 · 2026 · External reference
Unresolved reference
External reference
Collateral eligibility of corporate debt in the eurosystem
10.1016/j.jfineco.2023.103777 · 2024 · External reference
Anti-corruption effects on the credit risk of local financing vehicles and the pricing of chengtou bonds: evidence from a quasi-natural experiment in China
10.1016/j.frl.2018.01.001 · 2018 · External reference
The pricing of local government bonds in China: a bank-government relationship perspective. China
2025 · External reference
High-speed rail and local government financing cost: evidence from China
10.1016/j.econmod.2023.106618 · 2024 · External reference
Municipal bond liquidity and default risk
10.1111/jofi.12511 · 2017 · External reference
Assessing local government debt risks in China: a case study of local government financial vehicles
10.1111/cwe.12125 · 2015 · External reference
Does a larger menu increase appetite? Collateral eligibility and credit supply
10.1093/rfs/hhx112 · 2017 · External reference
Fact or fiction: implicit government guarantees in China's corporate bond market
10.1016/j.jimonfin.2021.102414 · 2021 · External reference
Risk mitigation strategies in urban investment bonds: insights from local government implicit debt governance
10.1016/j.strueco.2024.05.015 · 2024 · External reference
News sentiment and the cost of debt
10.1016/j.pacfin.2025.102721 · 2025 · External reference
The impact of high-speed rail on city government debt financing
10.1016/j.tranpol.2026.104086 · 2026 · External reference
The impact of climate risk on municipal bonds pricing: evidence from Chinese chengtou bonds
10.1016/j.pacfin.2025.103040 · 2026 · External reference
Government's implicit guarantee and the credit spread of the quasi-municipal bonds
10.1016/j.frl.2023.103861 · 2023 · External reference
Marketization vs. market chase: insights from implicit government guarantees
10.1016/j.iref.2020.06.021 · 2020 · External reference
Air pollution and issuance credit spread of municipal investment bond
10.1016/j.eneco.2024.107866 · 2024 · External reference
Credit risk and bond pricing of local government in China
10.1080/09540962.2018.1535039 · 2019 · External reference
Central bank haircut policy
10.1007/s10436-010-0171-5 · ExternalCitation · doi-reference
The impacts of political uncertainty on public financing costs: evidence from anti-corruption investigations in China
10.1007/s11127-023-01111-7 · ExternalCitation · doi-reference
Bond yield and credit rating: evidence of Chinese local government financing vehicles
10.1007/s11156-018-0724-7 · ExternalCitation · doi-reference
Military background officials, risk awareness, and local government fiscal balance: novel evidence from text analysis of Chinese local officials' news reports
10.1016/j.chieco.2024.102166 · ExternalCitation · doi-reference
High-speed rail and local government financing cost: evidence from China
10.1016/j.econmod.2023.106618 · ExternalCitation · doi-reference
Impact of market-oriented local government financing vehicles on credit financing: evidence from China
10.1016/j.econmod.2026.107712 · ExternalCitation · doi-reference
Collateral eligibility of credit claims and bank liquidity creation: evidence from China
10.1016/j.ememar.2025.101310 · ExternalCitation · doi-reference
Air pollution and issuance credit spread of municipal investment bond
10.1016/j.eneco.2024.107866 · ExternalCitation · doi-reference
Anti-corruption effects on the credit risk of local financing vehicles and the pricing of chengtou bonds: evidence from a quasi-natural experiment in China
10.1016/j.frl.2018.01.001 · ExternalCitation · doi-reference
Government's implicit guarantee and the credit spread of the quasi-municipal bonds
10.1016/j.frl.2023.103861 · ExternalCitation · doi-reference
Collateral pledgeability and asset manager portfolio choices during redemption waves
10.1016/j.intfin.2026.102292 · ExternalCitation · doi-reference
Marketization vs. market chase: insights from implicit government guarantees
10.1016/j.iref.2020.06.021 · ExternalCitation · doi-reference
Does expanding collateral for medium-term lending facility alleviate financing challenges for small and micro enterprises? Evidence from China
10.1016/j.iref.2025.104842 · ExternalCitation · doi-reference
Collateral haircuts and bond yields in the European government bond markets
10.1016/j.irfa.2020.101467 · ExternalCitation · doi-reference
Impact of economic policy uncertainty on China's urban construction investment bond financing costs
10.1016/j.irfa.2025.103979 · ExternalCitation · doi-reference
Central bank liquidity provision and collateral quality
10.1016/j.jbankfin.2014.08.022 · ExternalCitation · doi-reference
Central bank collateral frameworks
10.1016/j.jbankfin.2016.12.010 · ExternalCitation · doi-reference
Corporate bond liquidity before and after the onset of the subprime crisis
10.1016/j.jfineco.2011.10.009 · ExternalCitation · doi-reference
Subnational debt of China: the politics-finance nexus
10.1016/j.jfineco.2021.05.028 · ExternalCitation · doi-reference
Collateral eligibility of corporate debt in the eurosystem
10.1016/j.jfineco.2023.103777 · ExternalCitation · doi-reference
The collateral channel of open market operations
10.1016/j.jfs.2019.03.002 · ExternalCitation · doi-reference
Fact or fiction: implicit government guarantees in China's corporate bond market
10.1016/j.jimonfin.2021.102414 · ExternalCitation · doi-reference
Collateral policy of the central bank and corporate financing costs: evidence from China
10.1016/j.najef.2023.102042 · ExternalCitation · doi-reference
Research on effect of extreme climates penalties local government debt pricing: evidence from urban investment bonds in China
10.1016/j.najef.2024.102195 · ExternalCitation · doi-reference
News sentiment and the cost of debt
10.1016/j.pacfin.2025.102721 · ExternalCitation · doi-reference
The impact of climate risk on municipal bonds pricing: evidence from Chinese chengtou bonds
10.1016/j.pacfin.2025.103040 · ExternalCitation · doi-reference
Risk mitigation strategies in urban investment bonds: insights from local government implicit debt governance
10.1016/j.strueco.2024.05.015 · ExternalCitation · doi-reference
The impact of high-speed rail on city government debt financing
10.1016/j.tranpol.2026.104086 · ExternalCitation · doi-reference
Illiquidity and stock returns: cross-section and time-series effects
10.1016/s1386-4181(01)00024-6 · ExternalCitation · doi-reference
Credit risk and bond pricing of local government in China
10.1080/09540962.2018.1535039 · ExternalCitation · doi-reference
Two monetary tools: interest rates and haircuts
10.1086/657530 · ExternalCitation · doi-reference
Does a larger menu increase appetite? Collateral eligibility and credit supply
10.1093/rfs/hhx112 · ExternalCitation · doi-reference
Assessing local government debt risks in China: a case study of local government financial vehicles
10.1111/cwe.12125 · ExternalCitation · doi-reference
Corporate yield spreads: default risk or liquidity? New evidence from the credit default swap market
10.1111/j.1540-6261.2005.00797.x · ExternalCitation · doi-reference
Corporate yield spreads and bond liquidity
10.1111/j.1540-6261.2007.01203.x · ExternalCitation · doi-reference
Liquidity or credit risk? The determinants of very short-term corporate yield spreads
10.1111/j.1540-6261.2007.01276.x · ExternalCitation · doi-reference
The interest of being eligible
10.1111/jmcb.12851 · ExternalCitation · doi-reference
Collateral framework: liquidity premia and multiple equilibria
10.1111/jmcb.13048 · ExternalCitation · doi-reference
Municipal bond liquidity and default risk
10.1111/jofi.12511 · ExternalCitation · doi-reference
The soe premium and government support in China's credit market
10.1111/jofi.13380 · ExternalCitation · doi-reference
Fire sales, the LOLR and bank runs with continuous asset liquidity
10.17132/2693-3179.1439 · ExternalCitation · doi-reference
