Song Han

Federal Reserve Board - Division of Research and Statistics

Sr. Economist

20th & C. St., N.W.

Washington, DC 20551

United States

SCHOLARLY PAPERS

20

DOWNLOADS
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2,991

CITATIONS
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SSRN RANKINGS

Top 5,499

in Total Papers Citations

93

Scholarly Papers (20)

Effects of Liquidity on the Nondefault Component of Corporate Yield Spreads: Evidence from Intraday Transactions Data

Number of pages: 55 Posted: 24 Nov 2006 Last Revised: 06 Apr 2008
Song Han and Hao Zhou
Federal Reserve Board - Division of Research and Statistics and Tsinghua University - PBC School of Finance
Downloads 435 (50,384)
Citation 14

Abstract:

Corporate bond yields, credit default swaps, liquidity

Effects of Liquidity on the Nondefault Component of Corporate Yield Spreads: Evidence from Intraday Transactions Data

HKIMR Working Paper No.02/2011
Number of pages: 49 Posted: 30 Jan 2011
Song Han and Hao Zhou
Federal Reserve Board - Division of Research and Statistics and Tsinghua University - PBC School of Finance
Downloads 51 (314,368)
Citation 14

Abstract:

Corporate Bond Yield Spreads, Credit Default Swaps, Liquidity, CDS-Bond Basis

Effects of Bond Liquidity on the Nondefault Component of Corporate Bond Spreads: Evidence from Intraday Transactions Data

Number of pages: 52 Posted: 23 Apr 2007 Last Revised: 01 Sep 2016
Song Han and Hao Zhou
Federal Reserve Board - Division of Research and Statistics and Tsinghua University - PBC School of Finance
Downloads 29 (392,245)
Citation 13

Abstract:

Corporate bond spreads, credit default swaps, liquidity

Institutional Herding and Its Price Impact: Evidence from the Corporate Bond Market

Number of pages: 58 Posted: 22 Nov 2015 Last Revised: 12 Dec 2016
Fang Cai, Song Han, Dan Li and Yi Li
Federal Reserve Board, Federal Reserve Board - Division of Research and Statistics, Federal Reserve Board and Federal Reserve Board
Downloads 225 (106,461)
Citation 19

Abstract:

Corporate bond, herding, liquidity, institutional investors, mutual funds, return reversal

Institutional Herding in the Corporate Bond Market

FRB International Finance Discussion Paper No. 1071
Number of pages: 47 Posted: 08 Feb 2013
Fang Cai, Song Han and Dan Li
Federal Reserve Board, Federal Reserve Board - Division of Research and Statistics and Federal Reserve Board
Downloads 129 (176,069)
Citation 20

Abstract:

corporate bond, herding, liquidity, institutional investors

Institutional Herding and its Price Impact: Evidence from the Corporate Bond Market

FEDS Working Paper No. 2016-091
Number of pages: 58 Posted: 28 Nov 2016
Fang Cai, Song Han, Dan Li and Yi Li
Federal Reserve Board, Federal Reserve Board - Division of Research and Statistics, Board of Governors of the Federal Reserve System and Federal Reserve Board
Downloads 119 (187,553)
Citation 19

Abstract:

Corporate Bond, Herding, Institutional Investors, Liquidity, Return Reversal

Liquidity Crisis, Runs, and Security Design - Lessons from the Collapse of the Auction Rate Securities Market

Number of pages: 53 Posted: 14 Jan 2009 Last Revised: 20 Mar 2009
Song Han and Dan Li
Federal Reserve Board - Division of Research and Statistics and Federal Reserve Board
Downloads 183 (130,246)
Citation 5

Abstract:

Auction rate securities, liquidity crisis, uniform-price auctions, underpricing, security design, market microstructure, municipal bond pricing

Liquidity Crisis, Runs, and Security Design -- Lessons from the Collapse of the Auction Rate Securities Market

Number of pages: 53 Posted: 23 Mar 2009
Song Han and Dan Li
Federal Reserve Board - Division of Research and Statistics and Federal Reserve Board
Downloads 123 (182,794)
Citation 3

Abstract:

Auction rate securities, liquidity crisis, uniform-price auctions, underpricing, security design, market microstructure, municipal bond pricing

4.

Liquidity Crisis, Runs, and Security Design: Lessons from the Collapse of the Auction Rate Municipal Bond Market

Number of pages: 58 Posted: 10 Jan 2009 Last Revised: 25 Apr 2013
Song Han and Dan Li
Federal Reserve Board - Division of Research and Statistics and Federal Reserve Board
Downloads 225 (103,188)
Citation 3

Abstract:

Auction, auction rate securities, municipal bond pricing, liquidity crisis

5.

An Empirical Analysis of Bond Recovery Rates: Exploring a Structural View of Default

FEDS Working Paper No. 2005-10
Number of pages: 46 Posted: 30 May 2005
Daniel M. Covitz and Song Han
Federal Reserve Board - Division of Research & Statistics and Federal Reserve Board - Division of Research and Statistics
Downloads 213 (105,516)
Citation 11

Abstract:

Recovery rate, default, credit risk model

6.

Inflation and the Size of Government

FEDS Working Paper No. 2002-01
Number of pages: 44 Posted: 30 Jan 2002
Song Han and Casey B. Mulligan
Federal Reserve Board - Division of Research and Statistics and University of Chicago
Downloads 170 (137,205)
Citation 2

Abstract:

Inflation, government size, central bank independence

7.

On the Economics of Discrimination in Credit Markets

FEDS Working Paper No. 2002-02
Number of pages: 48 Posted: 30 Jan 2002
Song Han
Federal Reserve Board - Division of Research and Statistics
Downloads 156 (144,564)
Citation 1

Abstract:

Credit rationing, discrimination, mortgage, credit risk

8.

Are Longer Bankruptcies Really More Costly?

FEDS Working Paper No. 2006-27
Number of pages: 48 Posted: 16 Mar 2006
Federal Reserve Board - Division of Research & Statistics, Federal Reserve Board - Division of Research and Statistics and Government of the United States of America - Division of International Finance (IFDP)
Downloads 133 (163,614)
Citation 1

Abstract:

Bankruptcy cost, bankruptcy reorganization, recovery rate, credit risk

9.

Informed Bond Trading, Corporate Yield Spreads, and Corporate Default Prediction

Number of pages: 34 Posted: 20 Mar 2011 Last Revised: 27 Apr 2013
Song Han and Xing (Alex) Zhou
Federal Reserve Board - Division of Research and Statistics and Board of Governors of the Federal Reserve System
Downloads 109 (158,988)

Abstract:

Corporate Bond Yield Spreads, Information Asymmetry, Information Risk Premium, Credit Risk, Corporate Default Prediction

10.

Household Borrowing After Personal Bankruptcy

Number of pages: 41 Posted: 10 Jan 2009
Song Han and Geng Li
Federal Reserve Board - Division of Research and Statistics and Federal Reserve Board
Downloads 103 (197,973)
Citation 6

Abstract:

Personal bankruptcy, credit constraints, household finance

11.

Fresh Start or Head Start? The Effect of Filing for Personal Bankruptcy on the Labor Supply

FRB Philadelphia Working Paper No. 04-5
Number of pages: 35 Posted: 23 Jul 2004
Song Han and Wenli Li
Federal Reserve Board - Division of Research and Statistics and Federal Reserve Bank of Philadelphia
Downloads 87 (223,967)
Citation 8

Abstract:

Personal bankruptcy, labor supply

The Fragility of Discretionary Liquidity Provision: Lessons from the Collapse of the Auction Rate Securities Market

HKIMR Working Paper No. 05/2011
Number of pages: 56 Posted: 28 Feb 2011
Song Han and Li Dan
Federal Reserve Board - Division of Research and Statistics and affiliation not provided to SSRN
Downloads 42 (342,248)
Citation 1

Abstract:

Auction Rate Securities, Uniform-Price Auctions, Liquidity Crisis, Financial Fragility, Market Microstructure, Municipal Bond Pricing

The Fragility of Discretionary Liquidity Provision - Lessons from the Collapse of the Auction Rate Securities Market

FEDS Working Paper No. 210-50
Number of pages: 60 Posted: 29 Jul 2011
Song Han and Li Dan
Federal Reserve Board - Division of Research and Statistics and affiliation not provided to SSRN
Downloads 39 (352,478)
Citation 1

Abstract:

Auction rate securities, uniform-price auctions, liquidity crisis, financial fragility, market microstructure, municipal bond pricing

13.

Creditor Learning and Discrimination in Lending

Number of pages: 42 Posted: 23 Oct 2007 Last Revised: 30 Mar 2015
Song Han
Federal Reserve Board - Division of Research and Statistics
Downloads 61 (270,384)

Abstract:

Mortgage lending, creditor learning, discrimination

14.

Unsecured Credit Supply over the Credit Cycle: Evidence from Credit Card Mailings

Finance and Economics Discussion Paper Series Paper No. 2011-29
Number of pages: 54 Posted: 25 May 2011 Last Revised: 27 Apr 2013
Song Han, Benjamin J. Keys and Geng Li
Federal Reserve Board - Division of Research and Statistics, The Wharton School - University of Pennsylvania, Real Estate Department and Federal Reserve Board
Downloads 53 (274,900)

Abstract:

personal bankruptcy, credit supply, credit card, mail solicitation, shrouding, CARD Act

Trading Relationships in the OTC Market for Secured Claims: Evidence from Triparty Repos

Number of pages: 42 Posted: 28 May 2016 Last Revised: 21 Jun 2016
Song Han and Kleopatra Nikolaou
Federal Reserve Board - Division of Research and Statistics and Federal Reserve Board of Governors
Downloads 39 (352,478)

Abstract:

Triparty repos, OTC markets, trade relationships, RRP exercise, Treasury Auctions, search frictions

Trading Relationships in the OTC Market for Secured Claims: Evidence from Triparty Repos

FEDS Working Paper No. 2016-064
Number of pages: 43 Posted: 15 Aug 2016
Song Han and Kleopatra Nikolaou
Federal Reserve Board - Division of Research and Statistics and Federal Reserve Board of Governors
Downloads 12 (485,121)

Abstract:

Triparty repos, OTC markets, Trade relationships, RRP exercise, Treasury Auctions, Search frictions

16.

Liquidity, Runs, and Security Design

Number of pages: 52 Posted: 16 Feb 2009
Song Han and Dan Li
Federal Reserve Board - Division of Research and Statistics and Federal Reserve Board
Downloads 48 (301,415)
Citation 5

Abstract:

Auction rate securities, municipal bond pricing, liquidity crisis, uniform-price auctions

17.

Human Capital, Heterogeneity, and Estimated Degrees of Intergenerational Mobility

NBER Working Paper No. w7678
Number of pages: 44 Posted: 17 May 2000
Casey B. Mulligan and Song Han
University of Chicago and Federal Reserve Board - Division of Research and Statistics
Downloads 19 (400,222)
Citation 16

Abstract:

18.

Information and Liquidity of Over-the-Counter Securities: Evidence from Public Registration of Private Debt

Number of pages: 46 Posted: 01 Oct 2016 Last Revised: 09 Feb 2017
Federal Reserve Board - Division of Research and Statistics, University of Waterloo, Lazaridis School of Business and Economics, Wilfrid Laurier University and Federal Reserve Board
Downloads 0 (338,990)

Abstract:

Rule 144A Debt, Bond Dealers, Public Registration, Liquidity, Information Asymmetry

19.

Information, Contract Design, and Unsecured Credit Supply: Evidence from Credit Card Mailings

FEDS Working Paper No. 2015-103
Number of pages: 57 Posted: 18 Nov 2015
Song Han, Benjamin J. Keys and Geng Li
Federal Reserve Board - Division of Research and Statistics, The Wharton School - University of Pennsylvania, Real Estate Department and Federal Reserve Board
Downloads 0 (390,886)

Abstract:

Credit supply, information asymmetry, credit cards, mail solicitation, personal bankruptcy, CARD Act, household finance

20.

Discrimination in Lending: Theory and Evidence

Journal of Real Estate Finance and Economics, Vol. 29, No. 1
Posted: 07 Feb 2005
Song Han
Federal Reserve Board - Division of Research and Statistics

Abstract:

Statistical discrimination, Taste-based discrimination, Mortgage lending