• Active Loan Trading 

      Fabozzi, Frank J.; Klingler, Sven; Mølgaard, Pia; Nielsen, Mads Stenbo (Journal article; Peer reviewed, 2020)
      Using a novel dataset of leveraged loan trades executed by managers of collateralized loan obligations (CLOs), we document the importance of “active loan trades” – trades executed at a manager’s discretion. More active ...
    • Risk-weighted capital requirements and portfolio rebalancing 

      Juelsrud, Ragnar Enger; Getz Wold, Ella (Journal article; Peer reviewed, 2018)
      We use a 2013 Norwegian policy reform to study how banks react to higher capital requirements and how these adjustments transmit to the real economy. Using bank balance sheet data, we document that banks raise capital ...