Yi Li

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

http://sites.google.com/view/yili/

SCHOLARLY PAPERS

8

DOWNLOADS
Rank 19,765

SSRN RANKINGS

Top 19,765

in Total Papers Downloads

3,718

SSRN CITATIONS
Rank 16,160

SSRN RANKINGS

Top 16,160

in Total Papers Citations

50

CROSSREF CITATIONS

18

Scholarly Papers (8)

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

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 72 Posted: 22 Nov 2015 Last Revised: 25 Dec 2017
Fang Cai, Song Han, Dan Li and Yi Li
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 587 (65,860)
Citation 2

Abstract:

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Corporate Bond; Herding; Institutional Investors; Return Reversal

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
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 261 (166,053)
Citation 15

Abstract:

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

2.

Liquidity Restrictions, Runs, and Central Bank Interventions: Evidence from Money Market Funds

Number of pages: 54 Posted: 26 May 2020 Last Revised: 18 Jun 2021
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Isenberg School of Management and Board of Governors of the Federal Reserve System
Downloads 972 (34,026)
Citation 5

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runs, money market funds, redemption gates and liquidity fees, strategic complementarities, COVID-19, MMLF

3.

Mutual Fund Fragility, Dealer Liquidity Provisions, and the Pricing of Municipal Bonds

Number of pages: 55 Posted: 13 Nov 2020 Last Revised: 16 Feb 2022
Board of Governors of the Federal Reserve System, Cornell University - Samuel Curtis Johnson Graduate School of Management and Board of Governors of the Federal Reserve System
Downloads 456 (90,811)
Citation 7

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Municipal Bonds, Mutual Fund Fragility, Dealer, Liquidity, Pricing, COVID-19

4.

Does Mutual Fund Illiquidity Introduce Fragility into Asset Prices? Evidence from the Corporate Bond Market

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 73 Posted: 31 Dec 2019 Last Revised: 03 Feb 2021
Michigan State University, Board of Governors of the Federal Reserve System, University of California, Irvine - Paul Merage School of Business and Board of Governors of the Federal Reserve System
Downloads 444 (93,659)
Citation 7

Abstract:

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Corporate bond mutual fund, liquidity transformation, fragility, volatility

5.

Carbon Emissions, Mutual Fund Trading, and the Liquidity of Corporate Bonds

Number of pages: 60 Posted: 08 Jul 2021 Last Revised: 27 Jul 2022
The Hong Kong Polytechnic University - School of Accounting and Finance, Board of Governors of the Federal Reserve System, Department of Finance, School of Management, Fudan University, IE Business School - IE University and The Chinese University of Hong Kong (CUHK) - Department of Finance
Downloads 338 (128,010)

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Carbon emissions, corporate bonds, mutual funds, collective selling, redemption risks, liquidity

6.

Reciprocal Lending Relationships in Shadow Banking

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 59 Posted: 01 Sep 2017 Last Revised: 21 Mar 2021
Yi Li
Board of Governors of the Federal Reserve System
Downloads 242 (179,405)
Citation 1

Abstract:

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reciprocal relationship, money market funds, liquidity, regulation, wholesale funding

7.

Payment Risk and Bank Lending

Fisher College of Business Working Paper No. 2021-03-017, Charles A. Dice Center Working Paper No. 2021-17
Number of pages: 60 Posted: 08 Nov 2021 Last Revised: 05 Jan 2022
Ye Li and Yi Li
University of Washington - Foster School of Business and Board of Governors of the Federal Reserve System
Downloads 215 (200,763)

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Credit supply, deposits, payment, inside money, monetary policy transmission

8.

The Network Structure of Money Multiplier

Fisher College of Business Working Paper No. 2021-03-022, Charles A. Dice Working Paper No. 2021-22, Columbia Business School Research Paper
Number of pages: 88 Posted: 01 Jan 2022 Last Revised: 13 Sep 2022
Ye Li, Yi Li and Huijun Sun
University of Washington - Foster School of Business, Board of Governors of the Federal Reserve System and Columbia University - Columbia Business School
Downloads 203 (211,679)

Abstract:

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Credit supply, inside money, payment, network, externalities, systemic risk