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pro vyhledávání: '"Shohini Kundu"'
Autor:
Shohini Kundu
Publikováno v:
Management Science.
Closed-end funds are thought to have negligible fire sale risk as they have stable funding. However, I show that embedded covenants can generate price pressure in collateralized loan obligation (CLO) funds, even though such funds are closed end. Loan
Autor:
Shohini Kundu
Publikováno v:
SSRN Electronic Journal.
I investigate how covenants, intrinsic to Collateralized Loan Obligation (CLO) indentures, provide a mechanism through which idiosyncratic shocks may be amplified, imposing negative externalities on other unrelated firms in CLO portfolios. To this ai
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
Autor:
Shohini Kundu, Nishant Vats
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
Autor:
Nishant Vats, Shohini Kundu
Publikováno v:
SSRN Electronic Journal.
We show that institutions can explain geographic concentration over and above agglomerative forces. This paper uses within country variation in institutional quality, combined with a local identification approach and instrumental variable strategy to
Autor:
Shohini Kundu
Publikováno v:
Journal of Corporate Finance. :102195
Autor:
Nishant Vats, Shohini Kundu
Publikováno v:
SSRN Electronic Journal.
The objective of this paper is to explore the transmission of non-capital shocks through banking networks. We develop a methodology to construct non-capital (real) shocks, idiosyncratic shocks, using labor productivity shocks to large firms. We docum
Autor:
Shohini Kundu
Publikováno v:
SSRN Electronic Journal.
Financial institutions constitute an increasingly important cornerstone of capital markets, yet research at the intersection of asset management contracts and asset pricing is sparse. In this paper, I study the externalities of Collateralized Loan Ob