Xing (Alex) Zhou

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

SCHOLARLY PAPERS

12

DOWNLOADS
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Top 10,797

in Total Papers Downloads

3,648

CITATIONS
Rank 19,392

SSRN RANKINGS

Top 19,392

in Total Papers Citations

16

Scholarly Papers (12)

1.

Where Did All the Information Go? Trade in the Corporate Bond Market

Second Singapore International Conference on Finance 2008, EFA 2008 Athens Meetings Paper
Number of pages: 44 Posted: 23 Jan 2014 Last Revised: 28 May 2016
Tavy Ronen and Xing (Alex) Zhou
Rutgers University, Newark - School of Business - Department of Finance & Economics and Board of Governors of the Federal Reserve System
Downloads 985 (17,977)
Citation 9

Abstract:

Fixed Income, Credit Markets, Corporate Bond Prices, Informational Efficiency, Bond Market Liquidity, Institutional/Retail Investors

The Volcker Rule and Market-Making in Times of Stress

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 50 Posted: 11 Sep 2016 Last Revised: 14 Jul 2017
Jack Bao, Maureen O'Hara and Xing (Alex) Zhou
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 346 (71,220)

Abstract:

Volcker Rule, Corporate Bond Illiquidity, Regulation, Capital Commitment, Dealer Inventory, Market-Making, Financial Crisis

The Volcker Rule and Market-Making in Times of Stress

FEDS Working Paper No. 2016-102
Number of pages: 46 Posted: 28 Dec 2016
Jack Bao, Maureen O'Hara and Xing (Alex) Zhou
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 250 (102,407)

Abstract:

Volcker Rule, Corporate Bond Illiquidity, Regulation, Capital Commitment, Dealer Inventory, Market-Making, Financial Crisis

3.

Informed Trading around Acquisitions: Evidence from Corporate Bonds

Number of pages: 40 Posted: 05 Feb 2009 Last Revised: 21 Mar 2011
Simi Kedia and Xing (Alex) Zhou
Rutgers Business School and Board of Governors of the Federal Reserve System
Downloads 368 (58,734)
Citation 5

Abstract:

Conflict of Interest, Investment Banking, Mergers and Acquisition, Insider Trading, Corporate Bonds

Did Going Public Impair Moody's Credit Ratings?

Number of pages: 61 Posted: 25 Oct 2013
Simi Kedia, Shivaram Rajgopal and Xing (Alex) Zhou
Rutgers Business School, Columbia Business School and Board of Governors of the Federal Reserve System
Downloads 238 (107,795)

Abstract:

Did Going Public Impair Moody's Credit Ratings?

Journal of Financial Economics (JFE), Forthcoming
Posted: 26 May 2014
Simi Kedia, Shivaram Rajgopal and Xing (Alex) Zhou
Rutgers Business School, Columbia Business School and Board of Governors of the Federal Reserve System

Abstract:

Credit ratings; Initial public offering (IPO); Moody’s

Local Market Makers, Liquidity and Market Quality

Journal of Financial Markets, Forthcoming
Number of pages: 40 Posted: 25 Mar 2008 Last Revised: 13 Jun 2011
Simi Kedia and Xing (Alex) Zhou
Rutgers Business School and Board of Governors of the Federal Reserve System
Downloads 189 (135,095)

Abstract:

Geography, Information advantages, Liquidity, Market Quality, Trading Costs

Local Market Makers, Liquidity and Market Quality

Number of pages: 46 Posted: 06 Mar 2008 Last Revised: 15 Jun 2011
Simi Kedia and Xing (Alex) Zhou
Rutgers Business School and Board of Governors of the Federal Reserve System
Downloads 33 (399,984)

Abstract:

Trading Costs, Liquidity, Geography, Information Advantages

6.

Informed Trading in Corporate Bonds Prior to Earnings Announcements

Number of pages: 49 Posted: 16 Mar 2012
Jason Zhanshun Wei and Xing (Alex) Zhou
University of Toronto - Rotman School of Management and Board of Governors of the Federal Reserve System
Downloads 186 (137,366)

Abstract:

Informed trading, trade imbalance, corporate bond market, earnings surprises

7.

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 (156,112)

Abstract:

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

8.

The Value of the Floor

Number of pages: 43 Posted: 23 Jun 2009
Daniel G. Weaver and Xing (Alex) Zhou
Rutgers Business School and Board of Governors of the Federal Reserve System
Downloads 90 (237,313)

Abstract:

Microstructure, Asymmetric Information, Trading Floor, Volatility, Transaction Costs

9.

Investment Commonality Across Insurance Companies: Fire Sale Risk and Corporate Yield Spreads

FEDS Working Paper No. 2017-069
Number of pages: 56 Posted: 04 Jul 2017
Vikram K. Nanda, Wei Wu and Xing (Alex) Zhou
University of Texas at Dallas - School of Management - Department of Finance & Managerial Economics, California State Polytechnic University, Pomona and Board of Governors of the Federal Reserve System
Downloads 0 (382,978)

Abstract:

Capital constraints, Corporate bonds, Credit rating, Fire sales, Insurance companies, Regulation, Yield spread

10.

Large Shareholders and Credit Ratings

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 59 Posted: 28 May 2016
Simi Kedia, Shivaram Rajgopal and Xing (Alex) Zhou
Rutgers Business School, Columbia Business School and Board of Governors of the Federal Reserve System
Downloads 0 (119,206)

Abstract:

Moody's; S&P; credit rating agencies; ownership structure; conflict of interest; difference-in-difference; corporate bond; CMBS

11.

Investment Commonality across Insurance Companies: Fire Sale Risk and Corporate Yield Spreads

Number of pages: 52 Posted: 31 Mar 2016 Last Revised: 21 Aug 2017
Vikram K. Nanda, Wei Wu and Xing (Alex) Zhou
University of Texas at Dallas - School of Management - Department of Finance & Managerial Economics, Cal Poly Pomona and Board of Governors of the Federal Reserve System
Downloads 0 (251,355)

Abstract:

yield spread, fire sales, regulation, credit rating, corporate bonds, insurance companies, capital constraints

12.

The Execution Quality of Corporate Bonds

Fordham University Schools of Business Research Paper No. 2680480
Number of pages: 50 Posted: 27 Oct 2015 Last Revised: 09 Jul 2016
Maureen O'Hara, Yihui Wang and Xing (Alex) Zhou
Cornell University - Samuel Curtis Johnson Graduate School of Management, Fordham University and Board of Governors of the Federal Reserve System
Downloads 0 (56,853)

Abstract:

Best execution, Corporate bonds, Market Microstructure, Dealer market, Trading Network, Transparency