Jun He
Post
Research
Note
Data
Bergen
🌞
Lasse Heje Pedersen
← Papers reviewed on this blog
[2007 RFS]
价格里那道折扣,量的是「找不到买家」的时间
Valuation in Over-the-Counter Markets
Jun 2026
[2004 RFS]
价差是真的,成本却是假的——逆向选择究竟从哪里抬高了「要求回报」
Adverse Selection and the Required Return
Jun 2026
[2002 JFE]
贵过所有人心里的价:一张「借不到的券」如何把价格顶上天
Securities Lending, Shorting, and Pricing
Jun 2026