Abbassi, Puriya; Iyer, Rajkamal; Peydró, José-Luis; Rodríguez-Tous, Francesc
(Elsevier, 2016)
We analyze securities trading by banks during the crisis and the associated spillovers to the supply of credit. We use a proprietary data set that has the investments of banks at the security level for 2005–2012 in conjunction ...