China Finance Review International最新文献

筛选
英文 中文
Trade price clustering in the corporate bond market 公司债券市场的交易价格集群
IF 8.2 1区 经济学
China Finance Review International Pub Date : 2022-05-13 DOI: 10.1108/cfri-02-2022-0013
Brittany Cole, M. Goldstein, S. Moser, R. Van Ness
{"title":"Trade price clustering in the corporate bond market","authors":"Brittany Cole, M. Goldstein, S. Moser, R. Van Ness","doi":"10.1108/cfri-02-2022-0013","DOIUrl":"https://doi.org/10.1108/cfri-02-2022-0013","url":null,"abstract":"PurposeIn this paper, the authors document the existence of price clustering in the US corporate bond market.Design/methodology/approachUsing a sample of 8,422,593 corporate bond trades in 2014, the authors find that over 18% (1,522,284 trades) of all bond trades end in a clustered price, defined as a price ending in 00, 25, 50, or 75.FindingsOverall, the authors find that both bond rating category and risk, as measured by standard deviation of prices, play a role in price clustering; speculative grade bonds account for the majority of clustered prices. Clustered prices are more likely to have higher coupon rates, higher prices, and higher standard deviations of price than bonds with non-clustered prices. Regardless of size, both buy and sell dealer trades with customers (relative to interdealer trading) lead to an increase in price clustering. Dealers appear to use clustered prices when purchasing from and selling to institutions and, therefore, may use a clustered price to insulate themselves from the risk of asymmetric information. Additionally, the prevalence of clustered prices for retail-sized dealer sell trades suggests that dealers exercise dealer power over retail-sized traders.Originality/valueThis paper contributes to the literature on price clustering by examining trade price clustering of corporate bonds. It is different from previous papers on price clustering in equities. Given that bonds tend to be priced off of yield, it is unusual that trade prices cluster. It also demonstrates what kind of bonds cluster and with which customers dealers trade at clustered prices. It parallels other research in demonstrating dealer power over retail-sized traders.","PeriodicalId":44440,"journal":{"name":"China Finance Review International","volume":" ","pages":""},"PeriodicalIF":8.2,"publicationDate":"2022-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44344681","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
Between Disaster, Punishment, and Blame: The Semantic Field of Guilt in Early Chinese Texts by Thomas Crone (review) 在灾难、惩罚与责备之间:托马斯·克龙早期汉语文本中的内疚语义场(书评)
IF 8.2 1区 经济学
China Finance Review International Pub Date : 2022-05-09 DOI: 10.1353/cri.2020.0002
Michael Nylan
{"title":"Between Disaster, Punishment, and Blame: The Semantic Field of Guilt in Early Chinese Texts by Thomas Crone (review)","authors":"Michael Nylan","doi":"10.1353/cri.2020.0002","DOIUrl":"https://doi.org/10.1353/cri.2020.0002","url":null,"abstract":"","PeriodicalId":44440,"journal":{"name":"China Finance Review International","volume":"7 1","pages":"3 - 7"},"PeriodicalIF":8.2,"publicationDate":"2022-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91357822","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Circuit Listening: Chinese Popular Music in the Global 1960s by Andrew F. Jones (review) 《巡回聆听:全球60年代的中国流行音乐》安德鲁·琼斯著(书评)
IF 8.2 1区 经济学
China Finance Review International Pub Date : 2022-05-09 DOI: 10.1353/cri.2020.0011
A. Field
{"title":"Circuit Listening: Chinese Popular Music in the Global 1960s by Andrew F. Jones (review)","authors":"A. Field","doi":"10.1353/cri.2020.0011","DOIUrl":"https://doi.org/10.1353/cri.2020.0011","url":null,"abstract":"How and why do we hear particular timbres as representative of particular historical moments, or even as heralds of epochal historical change? Do particular eras really have a signature sound, and, if so, how do we access the musical past and characterize its tone? Is the sound of an era an ontological reality, unfolding in the present, or can it be grasped and narrated only after the fact? (p.  )","PeriodicalId":44440,"journal":{"name":"China Finance Review International","volume":"82 1","pages":"37 - 43"},"PeriodicalIF":8.2,"publicationDate":"2022-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83989560","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
A Third Way: The Origins of China’s Current Economic Development Strategy by Lawrence C. Reardon (review) 《第三条道路:中国当前经济发展战略的起源》作者:劳伦斯·c·里尔登
IF 8.2 1区 经济学
China Finance Review International Pub Date : 2022-05-09 DOI: 10.1353/cri.2020.0018
Taomo Zhou
{"title":"A Third Way: The Origins of China’s Current Economic Development Strategy by Lawrence C. Reardon (review)","authors":"Taomo Zhou","doi":"10.1353/cri.2020.0018","DOIUrl":"https://doi.org/10.1353/cri.2020.0018","url":null,"abstract":"","PeriodicalId":44440,"journal":{"name":"China Finance Review International","volume":"52 1","pages":"65 - 68"},"PeriodicalIF":8.2,"publicationDate":"2022-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74891427","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Becoming Activists in Global China: Social Movements in the Chinese Diaspora by Andrew Junker (review) 《成为全球中国的积极分子:海外华人的社会运动》作者:安德鲁·容克
IF 8.2 1区 经济学
China Finance Review International Pub Date : 2022-05-09 DOI: 10.1353/cri.2020.0012
Yuting Wang
{"title":"Becoming Activists in Global China: Social Movements in the Chinese Diaspora by Andrew Junker (review)","authors":"Yuting Wang","doi":"10.1353/cri.2020.0012","DOIUrl":"https://doi.org/10.1353/cri.2020.0012","url":null,"abstract":"Becoming Activists in Global China is the first purely sociological study of the religious movement Falun Gong and its resistance to the Chinese state. The literature on Chinese protest has intensively studied the 1989 democracy movement while largely ignoring opposition by the Falun Gong, even though the latter has beenmore enduring. This comparative study explains why the Falun Gong protest took off in diaspora and the democracy movement did not. Using multiple methods, Becoming Activists in Global China explains how Falun Gong’s roots in proselytizing and its ethic of volunteerism provided the launch pad for its political mobilization. Simultaneously, diaspora democracy activists adopted practices that effectively discouraged grassroots participation. The study also shows how the policy goal of eliminating Falun Gong helped shape today’s security-focused Chinese state. Explaining the Falun Gong’s two decades of protest illuminates a suppressed piece of Chinese contemporary history and advances our knowledge of how religious and political movements intersect.","PeriodicalId":44440,"journal":{"name":"China Finance Review International","volume":"162 12 1","pages":"43 - 46"},"PeriodicalIF":8.2,"publicationDate":"2022-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84292142","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Dictatorship by Degrees: Xi Jinping in China by Steven P. Feldman (review)
IF 8.2 1区 经济学
China Finance Review International Pub Date : 2022-05-09 DOI: 10.1353/cri.2020.0006
John H. Sagers
{"title":"Dictatorship by Degrees: Xi Jinping in China by Steven P. Feldman (review)","authors":"John H. Sagers","doi":"10.1353/cri.2020.0006","DOIUrl":"https://doi.org/10.1353/cri.2020.0006","url":null,"abstract":"","PeriodicalId":44440,"journal":{"name":"China Finance Review International","volume":"28 1","pages":"17 - 20"},"PeriodicalIF":8.2,"publicationDate":"2022-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74383884","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The Way and Its Powers. An Ethnographic Account of Taoist Practice and Religious Authority in Northern Taiwan by Yves Menheere (review) 道路及其力量。台湾北部道教实践与宗教权威的民族志记述(书评)
IF 8.2 1区 经济学
China Finance Review International Pub Date : 2022-05-09 DOI: 10.1353/cri.2020.0016
Jan De Meyer
{"title":"The Way and Its Powers. An Ethnographic Account of Taoist Practice and Religious Authority in Northern Taiwan by Yves Menheere (review)","authors":"Jan De Meyer","doi":"10.1353/cri.2020.0016","DOIUrl":"https://doi.org/10.1353/cri.2020.0016","url":null,"abstract":"","PeriodicalId":44440,"journal":{"name":"China Finance Review International","volume":"12 1","pages":"58 - 61"},"PeriodicalIF":8.2,"publicationDate":"2022-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85790168","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Cultivating a Good Life in Early Chinese and Ancient Greek Philosophy: Perspectives and Reverberations ed. by Karyn Lai, Rick Benitez and Hyun Jin Kim (review) 中国早期和古希腊哲学中的美好生活的培养:视角与回响,Karyn Lai, Rick Benitez, Hyun Jin Kim主编(评论)
IF 8.2 1区 经济学
China Finance Review International Pub Date : 2022-05-09 DOI: 10.1353/cri.2020.0014
Rohan Sikri
{"title":"Cultivating a Good Life in Early Chinese and Ancient Greek Philosophy: Perspectives and Reverberations ed. by Karyn Lai, Rick Benitez and Hyun Jin Kim (review)","authors":"Rohan Sikri","doi":"10.1353/cri.2020.0014","DOIUrl":"https://doi.org/10.1353/cri.2020.0014","url":null,"abstract":"","PeriodicalId":44440,"journal":{"name":"China Finance Review International","volume":"44 1","pages":"49 - 55"},"PeriodicalIF":8.2,"publicationDate":"2022-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91197399","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Confucianism and Sacred Space: The Confucian Temple from Imperial China to Today by Chin-shing Huang (review) 儒学与神圣空间:从帝制中国到今天的孔庙/黄锦成(书评)
IF 8.2 1区 经济学
China Finance Review International Pub Date : 2022-05-09 DOI: 10.1353/cri.2020.0010
D. Sommer
{"title":"Confucianism and Sacred Space: The Confucian Temple from Imperial China to Today by Chin-shing Huang (review)","authors":"D. Sommer","doi":"10.1353/cri.2020.0010","DOIUrl":"https://doi.org/10.1353/cri.2020.0010","url":null,"abstract":"","PeriodicalId":44440,"journal":{"name":"China Finance Review International","volume":"20 1","pages":"32 - 36"},"PeriodicalIF":8.2,"publicationDate":"2022-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88348743","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Underglobalization: Beijing’s Media Urbanism and the Chimera of Legitimacy by Joshua Neves (review) 《全球化下的北京:媒介都市主义与合法性的嵌合体》作者:约书亚·内维斯(书评)
IF 8.2 1区 经济学
China Finance Review International Pub Date : 2022-05-09 DOI: 10.1353/cri.2020.0017
H. Ren
{"title":"Underglobalization: Beijing’s Media Urbanism and the Chimera of Legitimacy by Joshua Neves (review)","authors":"H. Ren","doi":"10.1353/cri.2020.0017","DOIUrl":"https://doi.org/10.1353/cri.2020.0017","url":null,"abstract":"","PeriodicalId":44440,"journal":{"name":"China Finance Review International","volume":"15 1","pages":"61 - 65"},"PeriodicalIF":8.2,"publicationDate":"2022-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75272348","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信