Andreas C. Rapp

Board of Governors of the Federal Reserve System

Economist

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

http://https://www.federalreserve.gov/econres/andreas-c-rapp.htm

SCHOLARLY PAPERS

7

DOWNLOADS

3,548

TOTAL CITATIONS

14

Scholarly Papers (7)

1.
Downloads 1,484 (27,635)
Citation 8

The Green Corporate Bond Issuance Premium

International Finance Discussion Paper No. 1346
Number of pages: 46 Posted: 13 Jul 2022
John Caramichael and Andreas C. Rapp
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 781 (67,612)
Citation 3

Abstract:

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Green bonds, Corporate bonds, Green finance, Sustainable finance, Climate finance, Green bond premium, Bond issuance

The Green Corporate Bond Issuance Premium

International Finance Discussion Paper No. 1346, Journal of Banking and Finance, Forthcoming
Number of pages: 68 Posted: 26 Aug 2022 Last Revised: 13 Mar 2024
John Caramichael and Andreas C. Rapp
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 703 (77,682)
Citation 5

Abstract:

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Green bonds, corporate bonds, bond issuance, green bond premium, green finance, sustainable finance, climate finance

Bond Market Illiquidity: Is Portfolio Trading the Solution?

This paper subsumes Li (2022) "Frictional Intermediation, Inventory Hedging, and the Rise of Portfolio Trading in the Corporate Bond Market" (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4053987), SMU Cox School of Business Research Paper No. 23-09
Number of pages: 63 Posted: 03 Jul 2023 Last Revised: 11 Feb 2025
University of Chicago - Booth School of Business, Cornell University - Samuel Curtis Johnson Graduate School of Management, Board of Governors of the Federal Reserve System and Southern Methodist University (SMU) - Finance Department
Downloads 466 (130,201)
Citation 2

Abstract:

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Bond Portfolio Trading, Liquidity, Corporate Bonds, Corporate Bond Dealers, Financial Innovation

3.

Intermediary Balance Sheet Constraints, Bond Mutual Funds' Strategies, and Bond Returns 

Swedish House of Finance Research Paper No. 23-10, SMU Cox School of Business Research Paper No. 23-19
Number of pages: 72 Posted: 23 Oct 2023 Last Revised: 02 Oct 2024
Stockholm School of Economics, Southern Methodist University (SMU) - Finance Department, Board of Governors of the Federal Reserve System and Stockholm School of Economics
Downloads 552 (107,182)
Citation 1

Abstract:

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JEL Classification: G23, G12, G28 Bond mutual funds, Intermediary Constraints, Corporate Bonds, Liquidity, Leverage Ratio

4.

Bond Market Resiliency: The Role of Insurers

Number of pages: 63 Posted: 12 Jul 2022 Last Revised: 06 Jul 2024
Maureen O'Hara, Andreas C. Rapp and Xing (Alex) Zhou
Cornell University - Samuel Curtis Johnson Graduate School of Management, Board of Governors of the Federal Reserve System and Southern Methodist University (SMU) - Finance Department
Downloads 442 (140,447)

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Liquidity, Market Resiliency, Relationship, COVID-19, Insurance Company, Dealer, Mutual Fund, Corporate Bonds

5.

Managing Regulatory Pressure: Bank Regulation and its Impact on Corporate Bond Intermediation

Swedish House of Finance Research Paper No. 23-12
Number of pages: 62 Posted: 05 Jul 2023 Last Revised: 10 Nov 2023
Andreas C. Rapp and Martin Waibel
Board of Governors of the Federal Reserve System and Stockholm School of Economics
Downloads 264 (245,999)

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Corporate Bond, Dealer, Regulation, Liquidity, Nonbank Financial Intermediation, Insurance Companies, Networks

6.

Middlemen Matter: Corporate Bond Market Liquidity and Dealer Inventory Funding

Number of pages: 59 Posted: 10 Nov 2016 Last Revised: 31 Jan 2019
Andreas C. Rapp
Board of Governors of the Federal Reserve System
Downloads 233 (278,603)
Citation 3

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Dealer Behavior, Effective Bid-Ask Spread, Inventory Cost, Liquidity, Corporate Bonds, Financial Crisis

7.

Navigating the Low-Carbon Shift: Balancing Municipal Finances Amid the Energy Transition

Number of pages: 71 Posted: 03 Oct 2024 Last Revised: 07 Feb 2025
Marcelo Ochoa and Andreas C. Rapp
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 107 (540,013)

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debt sustainability, energy transition, climate finance, coal, municipal bonds, hydraulic fracturing, transition risks, stranded assets