Or Shachar

Federal Reserve Bank of New York

Economist

33 Liberty Street

New York, NY 10045

United States

SCHOLARLY PAPERS

12

DOWNLOADS
Rank 27,260

SSRN RANKINGS

Top 27,260

in Total Papers Downloads

1,666

CITATIONS
Rank 13,335

SSRN RANKINGS

Top 13,335

in Total Papers Citations

39

Scholarly Papers (12)

Did Liquidity Providers Become Liquidity Seekers? Evidence from the CDS-Bond Basis during the 2008 Financial Crisis

FRB of New York Staff Report No. 650
Number of pages: 49 Posted: 24 Oct 2013 Last Revised: 23 Dec 2014
Jaewon Choi and Or Shachar
University of Illinois at Urbana-Champaign - Department of Finance and Federal Reserve Bank of New York
Downloads 367 (78,661)
Citation 8

Abstract:

Loading...

CDS-bond basis, limits to arbitrage, Volcker rule, credit default swaps, liquidity, corporate bonds

Dealer Liquidity Provision and the Breakdown of the Law of One Price: Evidence from the CDS-Bond Basis

Number of pages: 55 Posted: 18 Mar 2016 Last Revised: 27 Jan 2018
University of Illinois at Urbana-Champaign - Department of Finance, Federal Reserve Bank of New York and Aalto University
Downloads 116 (237,051)
Citation 9

Abstract:

Loading...

2.

Why Do Closed-End Bond Funds Exist? An Additional Explanation for the Growth in Domestic Closed-End Bond Funds

Number of pages: 49 Posted: 16 Apr 2010 Last Revised: 12 Jul 2010
New York University (NYU) - Department of Finance, New York University (NYU) - Department of Finance, Fordham University - Gabelli School of Business and Federal Reserve Bank of New York
Downloads 339 (86,974)
Citation 18

Abstract:

Loading...

performance, closed-end bond funds, discounts, leverage

3.
Downloads 288 (103,960)
Citation 10

Market Liquidity after the Financial Crisis

FRB of NY Staff Report No. 796
Number of pages: 47 Posted: 20 Oct 2016 Last Revised: 21 Sep 2017
International Monetary Fund, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 288 (103,403)
Citation 4

Abstract:

Loading...

liquidity, market making, Treasury market, corporate bonds, regulation

Market Liquidity after the Financial Crisis

CEPR Discussion Paper No. DP12248
Number of pages: 49 Posted: 29 Aug 2017
International Monetary Fund, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 0
Citation 22
  • Add to Cart

Abstract:

Loading...

corporate bonds, liquidity, market making, regulation, Treasury securities

Market Liquidity after the Financial Crisis

Annual Review of Financial Economics, Vol. 9, pp. 43-83, 2017
Posted: 03 Jan 2018
International Monetary Fund, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York

Abstract:

Loading...

4.

Bank Liquidity Provision and Basel Liquidity Regulations

FRB of New York Staff Report No. 852
Number of pages: 52 Posted: 20 Jun 2018
Daniel Roberts, Asani Sarkar and Or Shachar
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 122 (227,180)

Abstract:

Loading...

LCR, banks, liquidity creation

5.

Credit Market Choice

FRB of New York Staff Report No. 863
Number of pages: 66 Posted: 07 Aug 2018
Federal Reserve Bank of New York, University of Michigan, Stephen M. Ross School of Business and Federal Reserve Bank of New York
Downloads 110 (244,946)
Citation 1

Abstract:

Loading...

CDS, corporate bonds, hedging, regulation, CCPs

6.
Downloads 99 (263,411)
Citation 13

Dealer Balance Sheets and Bond Liquidity Provision

FRB of NY Staff Report No. 803
Number of pages: 46 Posted: 30 Dec 2016 Last Revised: 06 Sep 2017
International Monetary Fund, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 99 (265,185)
Citation 35

Abstract:

Loading...

bond liquidity, regulation, dealer constraints

Dealer Balance Sheets and Bond Liquidity Provision

CEPR Discussion Paper No. DP12246
Number of pages: 48 Posted: 29 Aug 2017
International Monetary Fund, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 0
  • Add to Cart

Abstract:

Loading...

7.

Dealer Liquidity Provision and the Breakdown of the Law of One Price: Evidence from the CDS-Bond Basis

Management Science, Forthcoming
Number of pages: 55 Posted: 16 Jan 2018
University of Illinois at Urbana-Champaign - Department of Finance, Federal Reserve Bank of New York and Aalto University
Downloads 76 (310,308)
Citation 2

Abstract:

Loading...

The Long and Short of It: The Post-Crisis Corporate CDS Market

FRB of New York Staff Report No. 879
Number of pages: 65 Posted: 15 Feb 2019
Federal Reserve Bank of New York, University of Michigan, Stephen M. Ross School of Business and Federal Reserve Bank of New York
Downloads 65 (342,280)

Abstract:

Loading...

CDS positions, CDS transactions, dealer market power

The Long and Short of it: The Post-Crisis Corporate CDS Market

CEPR Discussion Paper No. DP13535
Number of pages: 67 Posted: 19 Feb 2019 Last Revised: 25 Feb 2019
Federal Reserve Bank of New York, University of Michigan, Stephen M. Ross School of Business and Federal Reserve Bank of New York
Downloads 0
  • Add to Cart

Abstract:

Loading...

CDS positions, CDS transactions, dealer market power

9.

Bank-Intermediated Arbitrage

FRB of New York Staff Report No. 858
Number of pages: 64 Posted: 20 Jun 2018 Last Revised: 19 Jul 2018
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 48 (389,920)
Citation 1

Abstract:

Loading...

bank regulation, arbitrage, hedge funds

10.

Flighty Liquidity

FRB of New York Staff Report No. 870
Number of pages: 57 Posted: 23 Oct 2018 Last Revised: 17 Mar 2019
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 36 (434,769)

Abstract:

Loading...

corporate bond liquidity, liquidity uncertainty, quantile regressions

11.

Breaking Down Trace Volumes Further

FED Notes No. 2018-11-29
Posted: 06 Dec 2018 Last Revised: 21 Feb 2019
Nassau Community College, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, affiliation not provided to SSRN, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Federal Reserve Bank of New York

Abstract:

Loading...

12.

Unlocking the Treasury Market Through Trace

FED Notes No. 2018-09-28
Posted: 08 Oct 2018 Last Revised: 21 Feb 2019
Nassau Community College, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Columbia University, Board of Governors of the Federal Reserve System and Federal Reserve Bank of New York

Abstract:

Loading...