Asani Sarkar

Federal Reserve Bank of New York

Economist

Research Department

33 Liberty Street

New York, NY 10045

United States

http://www.newyorkfed.org/research/economists/sarkar/pub.html

SCHOLARLY PAPERS

45

DOWNLOADS
Rank 1,655

SSRN RANKINGS

Top 1,655

in Total Papers Downloads

24,054

SSRN CITATIONS
Rank 3,327

SSRN RANKINGS

Top 3,327

in Total Papers Citations

176

CROSSREF CITATIONS

231

Scholarly Papers (45)

An Empirical Analysis of Stock and Bond Market Liquidity

Number of pages: 61 Posted: 01 Nov 2001
Emory University - Department of Finance, Federal Reserve Bank of New York and University of California, Los Angeles (UCLA) - Finance Area
Downloads 3,368 (4,142)
Citation 81

Abstract:

Loading...

An Empirical Analysis of Stock and Bond Market Liquidity

Posted: 29 Mar 2004
Emory University - Department of Finance, Federal Reserve Bank of New York and University of California, Los Angeles (UCLA) - Finance Area

Abstract:

Loading...

2.

Non-Standard Errors

Number of pages: 56 Posted: 23 Nov 2021
Albert J. Menkveld, Anna Dreber, Felix Holzmeister, Juergen Huber, Magnus Johannesson, Michael Kirchler, Michael Razen, Utz Weitzel, David Abad, Menachem (Meni) Abudy, Tobias Adrian, Yacine Ait-Sahalia, Olivier Akmansoy, Jamie Alcock, Vitali Alexeev, Arash Aloosh, Livia Amato, Diego Amaya, James Angel, Amadeus Bach, Edwin Baidoo, Gaetan Bakalli, Andrea Barbon, Oksana Bashchenko, Parampreet Christopher Bindra, Geir Hoidal Bjonnes, Jeff Black, Bernard S. Black, Santiago Bohorquez, Oleg Bondarenko, Charles S. Bos, Ciril Bosch-Rosa, Elie Bouri, Christian T. Brownlees, Anna Calamia, Viet Nga Cao, Gunther Capelle-Blancard, Laura Capera, Massimiliano Caporin, Allen Carrion, Tolga Caskurlu, Bidisha Chakrabarty, Mikhail Chernov, William M. Cheung, Ludwig B. Chincarini, Tarun Chordia, Sheung Chi Chow, Benjamin Clapham, Jean-Edouard Colliard, Carole Comerton-Forde, Edward Curran, Thong Dao, Wale Dare, Ryan J. Davies, Riccardo De Blasis, Gianluca De Nard, Fany Declerck, Oleg Deev, Hans Degryse, Solomon Deku, Christophe Desagre, Mathijs A. Van Dijk, Chukwuma Dim, Thomas Dimpfl, Yun Jiang Dong, Philip Drummond, Tom Dudda, Ariadna Dumitrescu, Teodor Dyakov, Anne Haubo Dyhrberg, Michał Dzieliński, Asli Eksi, Izidin El Kalak, Saskia ter Ellen, Nicolas Eugster, Martin D.D. Evans, Michael Farrell, Ester Félez-Viñas, Gerardo Ferrara, El Mehdi FERROUHI, Andrea Flori, Jonathan Fluharty-Jaidee, Sean Foley, Kingsley Y. L. Fong, Thierry Foucault, Tatiana Franus, Francesco A. Franzoni, Bart Frijns, Michael Frömmel, Servanna Fu, Sascha Füllbrunn, Baoqing Gan, Thomas Gehrig, Dirk Gerritsen, Javier Gil-Bazo, Lawrence R. Glosten, Thomas Gomez, Arseny Gorbenko, Ufuk Güçbilmez, Joachim Grammig, Vincent Gregoire, Björn Hagströmer, Julien Hambuckers, Erik Hapnes, Jeffrey H. Harris, Lawrence Harris, Simon Hartmann, Jean-Baptiste Hasse, Nikolaus Hautsch, Xuezhong He, Davidson Heath, Simon Hediger, Terrence Hendershott, Ann Marie Hibbert, Erik Hjalmarsson, Seth A. Hoelscher, Peter Hoffmann, Craig W. Holden, Alex R. Horenstein, Wenqian Huang, Da Huang, Christophe Hurlin, Alexey Ivashchenko, Subramanian R. Iyer, Hossein Jahanshahloo, Naji Jalkh, Charles M. Jones, Simon Jurkatis, Petri Jylha, Andreas Kaeck, Gabriel Kaiser, Arzé Karam, Egle Karmaziene, Bernhard Kassner, Markku Kaustia, Ekaterina Kazak, Fearghal Kearney, Vincent van Kervel, Saad Khan, Marta Khomyn, Tony Klein, Olga Klein, Alexander Klos, Michael Koetter, Jan Pieter Krahnen, Aleksey Kolokolov, Robert A. Korajczyk, Roman Kozhan, Amy Kwan, Quentin Lajaunie, FY Eric C Lam, Marie Lambert, Hugues Langlois, Jens Lausen, Tobias Lauter, Markus Leippold, Vladimir Levin, Yijie Li, (Michael) Hui Li, Chee Yoong Liew, Thomas Lindner, Oliver B. Linton, Jiacheng Liu, Anqi Liu, Guillermo Llorente, Matthijs Lof, Ariel Lohr, Francis A. Longstaff, Alejandro Lopez-Lira, Shawn Mankad, Nicola Mano, Alexis Marchal, Charles Martineau, Francesco Mazzola, Debrah Meloso, Roxana Mihet, Vijay Mohan, Sophie Moinas, David Moore, Liangyi Mu, Dmitriy Muravyev, Dermot Murphy, Gabor Neszveda, Christian Neumeier, Ulf Nielsson, Mahendrarajah Nimalendran, Sven Nolte, Lars L. Norden, Peter O'Neill, Khaled Obaid, Bernt Arne Ødegaard, Per Östberg, Marcus Painter, Stefan Palan, Imon Palit, Andreas Park, Roberto Pascual, Paolo Pasquariello, Lubos Pastor, Vinay Patel, Andrew J. Patton, Neil D. Pearson, Loriana Pelizzon, Loriana Pelizzon, Matthias Pelster, Christophe Pérignon, Cameron Pfiffer, Richard Philip, Tomáš Plíhal, Puneet Prakash, Oliver-Alexander Press, Tina Prodromou, Tālis J. Putniņš, Gaurav Raizada, David A. Rakowski, Angelo Ranaldo, Luca Regis, Stefan Reitz, Thomas Renault, Rex Wang Renjie, Roberto Renò, Steven Riddiough, Steven Riddiough, Kalle Rinne, Paul Rintamäki, Ryan Riordan, Thomas RITTMANNSBERGER, Iñaki Rodríguez-Longarela, Dominik Rösch, Lavinia Rognone, Brian Roseman, Ioanid Rosu, Saurabh Roy, Nicolas Rudolf, Stephen Rush, Khaladdin Rzayev, Aleksandra Rzeźnik, Anthony Sanford, Harikumar Sankaran, Asani Sarkar, Lucio Sarno, O. Scaillet, Stefan Scharnowski, Klaus Reiner Schenk-Hoppé, Andrea Schertler, Michael Schneider, Florian Schroeder, Norman Schürhoff, Philipp Schuster, Marco A. Schwarz, Mark S. Seasholes, Norman Seeger, Or Shachar, Andriy Shkilko, Jessica Shui, Mario Sikic, Giorgia Simion, Lee A. Smales, Paul Söderlind, Elvira Sojli, Konstantin Sokolov, Laima Spokeviciute, Denitsa Stefanova, Marti G. Subrahmanyam, Sebastian Neusüss, Barnabas Szaszi, Oleksandr Talavera, Yuehua Tang, Nicholas Taylor, Wing Wah Tham, Erik Theissen, Julian Thimme, Ian Tonks, Hai Tran, Luca Trapin, Anders B. Trolle, Maria Vaduva, Giorgio Valente, Robert A. Van Ness, Aurelio Vasquez, Thanos Verousis, Patrick Verwijmeren, Anders Vilhelmsson, Grigory Vilkov, Vladimir Vladimirov, Sebastian Vogel, Stefan Voigt, Wolf Wagner, Thomas Walther, Patrick Weiss, Patrick Weiss, Michel van der Wel, Ingrid M. Werner, P. Joakim Westerholm, Christian Westheide, Evert Wipplinger, Michael Wolf, Christian C. P. Wolff, Leonard Wolk, Wing Keung Wong, Jan Wrampelmeyer, Zhen-Xing Wu, Shuo Xia, Dacheng Xiu, Ke Xu, Caihong Xu, Pradeep K. Yadav, José Yagüe, Cheng Yan, Antti Yang, Woongsun Yoo, Wenjia Yu, Shihao Yu, Shihao Yu, Bart Z. Yueshen, Darya Yuferova, Marcin Zamojski, Abalfazl Zareei, Stefan Zeisberger, S. Sarah Zhang, Xiaoyu Zhang, Zhuo Zhong, Z. Ivy Zhou, Chen Zhou, Xingyu Sonya Zhu, Xingyu Sonya Zhu, Xingyu Sonya Zhu, Marius Zoican, Remco C. J. Zwinkels, Jian Chen, Teodor Duevski, Ge Gao, Roland Gemayel, Dudley Gilder, Paul Kuhle, Emiliano Pagnotta, Emiliano Pagnotta, Michele Pelli, Jantje Sönksen, Lu Zhang, Konrad Ilczuk, Dimitar Bogoev, Ya Qian, Hans C. Wika, Yihe Yu, Lu Zhao, Michael Mi and Li Bao
Vrije Universiteit Amsterdam, Stockholm School of Economics - Department of Economics, University of Innsbruck - Department of Economics, University of Innsbruck, Stockholm School of Economics - Department of Economics, University of Innsbruck, affiliation not provided to SSRN, VU University Amsterdam, Universidad de Alicante, Bar-Ilan University - Graduate School of Business Administration, International Monetary Fund (IMF), Princeton University - Department of Economics, CNRS, The University of Sydney Business School, University of Technology Sydney, Neoma Business School, HEC Paris, Wilfrid Laurier University, Georgetown University - Department of Finance, University of Mannheim, affiliation not provided to SSRN, Auburn University, University of St. Gallen, HEC Lausanne, University of Innsbruck, BI Norwegian Business School, University of Memphis, Northwestern University - Pritzker School of Law, Tilburg University - Tilburg University School of Economics and Management, University of Illinois at Chicago - Department of Finance, VU University Amsterdam, Technische Universität Berlin, Lebanese American University, Universitat Pompeu Fabra - Faculty of Economic and Business Sciences, University of Toulouse - Toulouse Business School, Monash Business School, Université Paris I Panthéon-Sorbonne - Centre d'Economie de la Sorbonne (CES), Vrije Universiteit Amsterdam, University of Padua - Department of Statistical Sciences, University of Memphis - Fogelman College of Business and Economics, University of Amsterdam Business School, Saint Louis University - Richard A. Chaifetz School of Business, UCLA Anderson, Waseda University, University of San Francisco School of Management, Emory University - Department of Finance, Australian National University (ANU), Goethe University Frankfurt Faculty of Economics and Business Administration, HEC Paris - Finance Department, University of Melbourne - Department of Finance, Macquarie University - Faculty of Business and Economics, University of Southampton - Business School, University of Liège - HEC Management School, Babson College - Finance Division, Lum University Giuseppe Degennaro, University of Zurich - Department of Banking and Finance, Toulouse School of Economics, Masaryk University, KU Leuven, Department Accounting, Finance and Insurance, Nottingham Trent University - Nottingham Business School, ICHEC Brussels Management School, Erasmus University - Rotterdam School of Management, Frankfurt School of Finance & Management, University of Hohenheim, Queen's University (Canada), Queen's School of Business, Students, Monash University, Technische Universität Dresden, ESADE Business School, EDHEC Business School, The University of Sydney - Discipline of Finance, Stockholm Business School, Stockholm University, Salisbury University - Perdue School of Business, Cardiff Business School, Norges Bank, University of Queensland - Business School, Georgetown University - Department of Economics, University of Virginia - Darden School of Business, University of Technology Sydney, Bank of England, Ibn Tofail University, Politecnico di Milano, West Virginia University, College of Business & Economics, Department of Finance, Macquarie University, University of New South Wales - School of Banking and Finance, HEC Paris - Finance Department, City, University of London - Bayes Business School, USI Lugano, Open University of the Netherlands - School of Management, Ghent University - Department of Financial Economics, University of Essex, Radboud University Nijmegen - Institute for Management Research, University of Technology Sydney, University of Vienna, Utrecht University - School of Economics, Universitat Pompeu Fabra, Columbia University, Utrecht University, Monash University - Department of Banking and Finance, University of Glasgow - Adam Smith Business School, Eberhard Karls Universität Tübingen, HEC Montreal - Department of Finance, Stockholm University - Stockholm Business School, HEC-ULg University of Liège, Aalto University, American University - Department of Finance and Real Estate, University of Southern California - Marshall School of Business - Finance and Business Economics Department, WU Wien, Aix-Marseille University - Aix-Marseille School of Economics, University of Vienna - Department of Statistics and Operations Research, University of Technology Sydney (UTS) - Finance Discipline Group, Business School, University of Utah - David Eccles School of Business, University of Zurich - Department of Banking and Finance, University of California, Berkeley - Haas School of Business, West Virginia University, University of Gothenburg - Centre for Finance, Missouri State University - College of Business, European Central Bank (ECB) - Directorate General Research, Indiana University - Kelley School of Business - Department of Finance, University of Miami - School of Business Administration - Department of Economics, Bank for International Settlements, University of Utah - David Eccles School of Business, University of Orleans, School of Business and Economics, VU Amsterdam, University of New Mexico, Cardiff University, Saint Joseph University, Columbia University, Bank of England, Aalto University, University of Sussex, affiliation not provided to SSRN, Durham University Business School, VU University Amsterdam, Ludwig-Maximilians-Universität München, Aalto University, University of Manchester, Queen's University Belfast - Queen's Management School, Pontifical Catholic University of Chile, Queen's University - Smith School of Business, University of Technology Sydney (UTS), Queen's University Belfast - Queen's Management School, University of Warwick - Warwick Business School, University of Kiel - Institute for Quantitative Business and Economics Research (QBER), Halle Institute for Economic Research, Faculty of Economics and Business Administration, University of Manchester - Manchester Business School, Northwestern University, University of Warwick - Warwick Business School, University of Sydney Business School, University of Orleans, Hong Kong Institute for Monetary and Financial Research, HEC Liège, Management School of the University of Liège, HEC Paris - Finance Department, Goethe University Frankfurt - Faculty of Economics and Business Administration, affiliation not provided to SSRN, University of Zurich - Department of Banking and Finance, Department of Finance, Aalto University - Department of Finance, La Trobe University, UCSI University, Malaysia, WU, University of Cambridge, Purdue University, The University of Sydney, Universidad Autonoma de Madrid, Aalto University, Arizona State University (ASU) - Finance Department, University of California, Los Angeles (UCLA) - Finance Area, University of Florida - Department of Finance, Insurance and Real Estate, Cornell University, Universita della Svizzera italiana (USI Lugano), EPFL, University of Toronto - Rotman School of Management and UTSC Management, Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM), Toulouse Business School, New York University (NYU), Department of Economics, Students, RMIT University, Toulouse School of Economics, Loyola Marymount University, Queen's University Belfast, Michigan State University - Department of Finance, University of Illinois at Chicago, John von Neumann University, affiliation not provided to SSRN, Copenhagen Business School, University of Florida - Department of Finance, Insurance and Real Estate, Institute for Management Research, Radboud University Nijmegen, Stockholm University - Stockholm Business School, Financial Conduct Authority, California State University-East Bay, University of Stavanger, University of Zurich - Department of Banking and Finance, Saint Louis University - Department of Finance, University of Graz, RMIT University - Blockchain Innovation Hub, University of Toronto - Finance Area, Universidad de las Islas Baleares, University of Michigan, Stephen M. Ross School of Business, University of Chicago - Booth School of Business, University of Technology Sydney (UTS), Duke University - Department of Economics, University of Illinois at Urbana-Champaign - Department of Finance, Goethe University Frankfurt - Faculty of Economics and Business AdministrationLeibniz Institute for Financial Research SAFE, Paderborn University, HEC Paris - Finance Department, University of Oregon - Department of Finance, University of Sydney Business School, Masaryk University - Faculty of Economics and Administration, Missouri State University, Copenhagen Business School, The University of Wollongong, University of Technology Sydney (UTS), Indian Institute of Management, Ahmedabad, University of Texas at Arlington, University of St. Gallen, University of Turin, University of Kiel, Université Paris I Panthéon-Sorbonne - Centre d'Economie de la Sorbonne (CES), VU Amsterdam, University of Verona - Department of Economics, University of Toronto - Rotman School of ManagementUniversity of Toronto at Scarborough - Division of Management, Universite du Luxembourg - Department of Finance, Aalto University, Queen's University - Smith School of Business, affiliation not provided to SSRN, Stockholm University - Stockholm Business School, State University of New York at Buffalo - School of Management, Alliance Manchester Business School, University of Manchester, Oklahoma State University - Department of Finance, HEC Paris - Finance Department, affiliation not provided to SSRN, University of Lausanne, Bowling Green State University - Department of Finance, University of Edinburgh, York University, Schulich School of Business, University of Maryland, New Mexico State University, Federal Reserve Bank of New York, University of Cambridge - Judge Business School, University of Geneva GSEM and GFRI, University of Mannheim, University of Manchester - Department of Economics, Leuphana University of Lueneburg, Goethe University Frankfurt - House of Finance, affiliation not provided to SSRN, University of Lausanne, University of Stuttgart, Institute of Business Administration, Heinrich Heine University Dusseldorf - Duesseldorf Institute for Competition Economics (DICE), Arizona State University (ASU), VU University Amsterdam, Federal Reserve Bank of New York, Wilfrid Laurier University - Lazaridis School of Business and Economics, affiliation not provided to SSRN, University of Zurich, WU Vienna University of Economics and Business, University of Western Australia, University of St. Gallen, UNSW Australia Business School, School of Banking and Finance, University of Memphis - Fogelman College of Business and Economics, Cardiff University, Luxembourg School of Finance, New York University (NYU) - Department of Finance, Aalto University, Eötvös Loránd University, Swansea University - School of Management, University of Florida - Department of Finance, University of Bristol - School of Economics, Finance and Management, University of New South Wales (UNSW), University of Mannheim - Finance Area, Karlsruhe Institute of Technology, University of Bristol, Loyola Marymount University - Department of Finance, Catholic University of Milan, Copenhagen Business School, University Constantin Brancusi of Targu-Jiu, Hong Kong Institute for Monetary and Financial Research (HKIMR), University of Mississippi - Department of Finance, Instituto Tecnológico Autónomo de México (ITAM) - Department of Business Administration, Essex Business School, Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Lund University - Department of Economics, Frankfurt School of Finance & Management, University of Amsterdam Business School, Swiss Finance Institute, University of Copenhagen, Erasmus University Rotterdam (EUR), Utrecht University - School of Economics, Vienna Graduate School of Finance (VGSF)Vienna University of Economics and Business - Department of Finance, Accounting & Statistics, Erasmus University Rotterdam, The Ohio State University - Fisher College of Business, University of Sydney Business School, University of Vienna - Department of Finance, Vrije Universiteit Amsterdam, School of Business and Economics, University of Zurich - Department of Economics, University of Luxembourg - Luxembourg School of Finance, Department of Finance, School of Business and Economics, Auburn University, Vrije Universiteit Amsterdam, School of Business and Economics, Aalto University, Halle Institute for Economic Research, University of Chicago - Booth School of Business, University of Victoria, Stockholm University - Stockholm Business School, University of Oklahoma Price College of Business, University of Murcia, University of Essex - Essex Business School, Erasmus University Rotterdam, Central Michigan University, Aalto University, VU AmsterdamTinbergen Institute, INSEAD - Finance, Norwegian School of Economics (NHH) - Department of Finance, VU University Amsterdam - Department of Finance and Financial Sector Management, Stockholm University, Radboud University, Institute for Management Research, University of Manchester - Alliance Manchester Business School, Vrije Universiteit Amsterdam (VU Amsterdam), University of Melbourne - Department of Finance, University of Wollongong - School of Accounting, Economics & Finance, Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Bank for International Settlements (BIS)Stockholm School of EconomicsStockholm School of Economics - Swedish House of Finance, University of Toronto at Mississauga - Department of Management, Vrije Universiteit Amsterdam, Queen's University, HEC Paris, University of Birmingham, King's College London, Cardiff University, Universidad Autonoma de Madrid, Singapore Management UniversityImperial College Business School, University of Zurich - Department of Banking and Finance, University of Tübingen, University of Luxembourg, Aalto University, EDF Energy, United Kingdom, Aalto University, Norges Bank, University at Buffalo, SUNY, Southwestern University of Finance and Economics (SWUFE), The University of Sydney and University of Toulouse Capitole
Downloads 2,216 (8,926)

Abstract:

Loading...

non-standard errors, multi-analyst approach, liquidity

3.
Downloads 2,193 ( 8,603)
Citation 11

Stock Market Crises in Developed and Emerging Markets

Number of pages: 28 Posted: 06 Jul 1998
Asani Sarkar and Sandeep A. Patel
Federal Reserve Bank of New York and Standard & Poor's - Information Services
Downloads 2,193 (8,456)
Citation 11

Abstract:

Loading...

Stock Market Crises in Developed and Emerging Markets

Posted: 17 Sep 1998
Asani Sarkar and Sandeep A. Patel
Federal Reserve Bank of New York and Standard & Poor's - Information Services

Abstract:

Loading...

4.

Liquidity in U.S. Fixed Income Markets: A Comparison of the Bid-Ask Spread in Corporate, Government and Municipal Bond Markets

Number of pages: 43 Posted: 04 Jun 1999
Sugato Chakravarty and Asani Sarkar
affiliation not provided to SSRN and Federal Reserve Bank of New York
Downloads 2,151 (8,854)
Citation 63

Abstract:

Loading...

Information Asymmetry, Market Segmentation, and the Pricing of Cross-Listed Shares: Theory and Evidence from Chinese a and B Shares

Number of pages: 47 Posted: 31 Aug 1998
Sugato Chakravarty, Asani Sarkar and Lifan Wu
affiliation not provided to SSRN, Federal Reserve Bank of New York and California State University, Los Angeles - Department of Finance and Law
Downloads 1,265 (20,132)
Citation 8

Abstract:

Loading...

Information Asymmetry, Market Segmentation, and the Pricing of Cross-Listed Shares: Theory and Evidence from Chinese a and B Shares

Journal of International Financial Markets
Posted: 01 Sep 1998
Sugato Chakravarty, Asani Sarkar and Lifan Wu
affiliation not provided to SSRN, Federal Reserve Bank of New York and California State University, Los Angeles - Department of Finance and Law

Abstract:

Loading...

Diversification Benefits of Emerging Markets Subject to Portfolio Constraints

Working Paper No. UBCFIN99-5, Sauder School of Business Working Paper
Number of pages: 24 Posted: 23 Jun 2001
Kai Li, Asani Sarkar and Zhenyu Wang
University of British Columbia (UBC) - Sauder School of Business, Federal Reserve Bank of New York and University of Texas at Austin - Department of Finance
Downloads 986 (29,005)
Citation 7

Abstract:

Loading...

International diversification, short-sale constraints, home bias, asset allocation, Bayesian inference

Diversification Benefits of Emerging Markets Subject to Portfolio Constraints

Journal of Empirical Finance, Vol. 10
Posted: 06 Jun 2003
Kai Li, Asani Sarkar and Zhenyu Wang
University of British Columbia (UBC) - Sauder School of Business, Federal Reserve Bank of New York and University of Texas at Austin - Department of Finance

Abstract:

Loading...

International diversification, short-sale constraints, home bias, asset allocation, Bayesian inference

7.

The Failure Resolution of Lehman Brothers

Number of pages: 57 Posted: 10 Apr 2014
Michael J. Fleming and Asani Sarkar
Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 922 (32,400)
Citation 8

Abstract:

Loading...

Chapter 11, derivatives

8.

Liquidity Dynamics and Cross-Autocorrelations

Number of pages: 50 Posted: 24 Sep 2007 Last Revised: 18 Feb 2011
Emory University - Department of Finance, Federal Reserve Bank of New York and University of California, Los Angeles (UCLA) - Finance Area
Downloads 721 (45,335)
Citation 6

Abstract:

Loading...

lead-lag, returns, small stocks, large stocks, microstructure, information

9.

The Effect of the Term Auction Facility on the London Interbank Offered Rate

Number of pages: 54 Posted: 19 Sep 2015 Last Revised: 05 Jan 2017
James McAndrews, Asani Sarkar and Zhenyu Wang
Wharton Financial Institutions Center, Federal Reserve Bank of New York and Indiana University, Kelley School of Business
Downloads 704 (46,829)
Citation 13

Abstract:

Loading...

Libor, liquidity, money markets, Term Auction Facility

10.

Traders' Broker Choice, Market Liquidity and Market Structure

Number of pages: 43 Posted: 11 Nov 2006
Sugato Chakravarty and Asani Sarkar
affiliation not provided to SSRN and Federal Reserve Bank of New York
Downloads 668 (50,200)

Abstract:

Loading...

11.

Capital Constraints, Counterparty Risk, and Deviations from Covered Interest Rate Parity

Number of pages: 48 Posted: 15 Sep 2009 Last Revised: 08 Jun 2010
Niall Coffey, Warren B. Hrung and Asani Sarkar
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 562 (62,621)
Citation 75

Abstract:

Loading...

covered interest parity, funding constraints, counterparty credit risk, central bank currence swap lines, financial crisis, foreign exchange

12.

Securities Trading and Settlement in Europe: Issues and Outlook

Number of pages: 6 Posted: 16 Mar 2005
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 558 (63,177)

Abstract:

Loading...

securities markets, clearing and settlement, stock exchanges, securities trading, securities settlement

13.

Credit Default Swap Auctions

Journal of Fixed Income, Vol. 19, No. 2, 2010
Number of pages: 25 Posted: 21 May 2009 Last Revised: 18 Nov 2013
Jean Helwege, Samuel Maurer, Asani Sarkar and Yuan Wang
UC Riverside, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Concordia University, Quebec
Downloads 506 (71,405)
Citation 9

Abstract:

Loading...

credit default swaps, settlement, auctions, recovery basis, corporate bonds, default

14.

Is There an S&P 500 Index Effect?

FIRS 2013
Number of pages: 56 Posted: 06 Nov 2012 Last Revised: 06 Jun 2014
Maria Kasch and Asani Sarkar
University of Mannheim - Department of Finance and Federal Reserve Bank of New York
Downloads 500 (72,483)
Citation 3

Abstract:

Loading...

S&P 500 inclusions, Pre-inclusion performance, Factor betas, Price and earnings momentum, Value effect

15.

New Evidence on the Time-Varying Correlation between Consumption Growth and Stock Returns for the G7 Countries

Number of pages: 34 Posted: 20 Jun 2002
Lingjia Zhang and Asani Sarkar
affiliation not provided to SSRN and Federal Reserve Bank of New York
Downloads 445 (83,345)
Citation 1

Abstract:

Loading...

16.

Electronic Trading on Futures Exchanges

Number of pages: 6 Posted: 03 Jul 2007
Michelle Tozzi and Asani Sarkar
affiliation not provided to SSRN and Federal Reserve Bank of New York
Downloads 431 (86,562)
Citation 2

Abstract:

Loading...

electronic trading, future exchanges, electronic systems

17.

Discount Window Stigma During the 2007-2008 Financial Crisis

Journal of Financial Economics (JFE), Forthcoming, FRB of New York Staff Report No. 483
Number of pages: 53 Posted: 04 Feb 2011 Last Revised: 18 Aug 2015
Federal Reserve Bank of New York, University of North Carolina Kenan-Flagler Business School, Federal Reserve Bank of New York and Columbia University - School of International & Public Affairs (SIPA)
Downloads 416 (90,139)
Citation 57

Abstract:

Loading...

Discount Window, Term Auction Facility, Stigma, Crisis, ABCP, TriParty Repo, monetary policy

18.

Customer Order Flow, Intermediaries, and Discovery of the Equilibrium Risk-free Rate

Journal of Financial and Quantitative Analysis (JFQA), 17, 821-849, EFA 2007 Ljubljana Meetings Paper, FRB of New York Staff Report No. 307
Number of pages: 44 Posted: 01 Mar 2007 Last Revised: 20 Nov 2012
Vrije Universiteit Amsterdam, Federal Reserve Bank of New York and Erasmus University Rotterdam
Downloads 413 (90,939)
Citation 9

Abstract:

Loading...

riskfree rate, macroeconomic announcements, customer order flow, intermediary, treasury futures

19.

Should Us Investors Hold Foreign Stocks?

Number of pages: 6 Posted: 15 Sep 2004
Kai Li and Asani Sarkar
University of British Columbia (UBC) - Sauder School of Business and Federal Reserve Bank of New York
Downloads 381 (99,841)

Abstract:

Loading...

International diversification, Short-sale constraints, Home bias, Asset allocation

20.

Can Competition between Brokers Mitigate Agency Conflicts with Their Customers?

Number of pages: 39 Posted: 06 Feb 1997
Sugato Chakravarty and Asani Sarkar
affiliation not provided to SSRN and Federal Reserve Bank of New York
Downloads 375 (101,680)

Abstract:

Loading...

21.

Market Sidedness: Insights into Motives for Trade Initiation

Number of pages: 56 Posted: 20 Mar 2007
Robert A. Schwartz and Asani Sarkar
Baruch College - CUNY and Federal Reserve Bank of New York
Downloads 361 (106,057)
Citation 5

Abstract:

Loading...

Trade initiation, sidedness, asymmetric information, heterogeneous beliefs, differential information, demand for immediacy, earnings, macroecnomic announcements, merger news

22.

Informed Trading with Multiple Competitive Brokers

Number of pages: 50 Posted: 16 Oct 1996
Sugato Chakravarty and Asani Sarkar
affiliation not provided to SSRN and Federal Reserve Bank of New York
Downloads 318 (122,009)

Abstract:

Loading...

23.

A General Analysis of Brokers' Trading, with Applications to Order Flow Internalization and Off-Exchange Block Sales

Number of pages: 32 Posted: 01 Jun 1998
Sugato Chakravarty and Asani Sarkar
affiliation not provided to SSRN and Federal Reserve Bank of New York
Downloads 317 (122,404)

Abstract:

Loading...

24.

The Costs and Benefits of Liquidity Regulations

Number of pages: 51 Posted: 20 Jun 2018 Last Revised: 16 Oct 2021
Daniel Roberts, Asani Sarkar and Or Shachar
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 300 (130,762)
Citation 13

Abstract:

Loading...

liquidity coverage ratio, banks, liquidity creation, lending, systemic risk

25.

Are Market Makers Uninformed and Passive? Signing Trades in the Absence of Quotes

FRB of New York Staff Report No. 395
Number of pages: 39 Posted: 28 May 2009
Erasmus University Rotterdam, Vrije Universiteit Amsterdam and Federal Reserve Bank of New York
Downloads 296 (131,703)
Citation 1

Abstract:

Loading...

market makers, liquidity supply, signing trades, inventory, information, Treasury futures markets

26.

Securitizing Property Catastrophe Risk

Number of pages: 6 Posted: 18 Jul 2007
Sara Borden and Asani Sarkar
affiliation not provided to SSRN and Federal Reserve Bank of New York
Downloads 276 (141,632)

Abstract:

Loading...

securitization, catastrophe risk, property, derivatives

Liquidity Risk, Credit Risk and the Federal Reserve’s Responses to the Crisis

Number of pages: 26 Posted: 15 Sep 2009
Asani Sarkar
Federal Reserve Bank of New York
Downloads 267 (145,909)
Citation 5

Abstract:

Loading...

crisis response, Federal Reserve, counterparty credit risk, liquidity risk, limits to arbitrage

Liquidity Risk, Credit Risk, and the Federal Reserve’s Responses to the Crisis

Financial Markets and Portfolio Management, Vol. 23, No. 4, pp. 335-348, 2009
Posted: 19 Jun 2010
Asani Sarkar
Federal Reserve Bank of New York

Abstract:

Loading...

Crisis, The Federal Reserve, Liquidity facilities, Credit risk

28.

The Global Financial Crisis and Offshore Dollar Markets

Number of pages: 7 Posted: 29 Oct 2009 Last Revised: 06 Sep 2010
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 254 (153,970)
Citation 1

Abstract:

Loading...

FX basis swap, LIBOR rate, crisis, demand for dollars, funding costs, covered interest rate parity condition

29.

An Analysis of CDS Transactions: Implications for Public Reporting

Number of pages: 25 Posted: 08 Oct 2011 Last Revised: 18 Sep 2012
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York, Bank of England, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 244 (160,207)
Citation 42

Abstract:

Loading...

block trade, clearing eligible, credit derivatives, dealer hedging, price reporting, public transparency

Fifteen Minutes of Fame? The Market Impact of Internet Stock Picks

Number of pages: 56 Posted: 29 Sep 2002
Peter Antunovich and Asani Sarkar
Morgan Stanley Dean Witter & Co. Inc. and Federal Reserve Bank of New York
Downloads 223 (174,314)
Citation 2

Abstract:

Loading...

liquidity externality, internet stock picks

Fifteen Minutes of Fame? The Market Impact of Internet Stock Picks

Journal of Business, Vol. 79, No. 6, pp. 3209-51, November 2006
Posted: 14 Jun 2005
Peter Antunovich and Asani Sarkar
Morgan Stanley Dean Witter & Co. Inc. and Federal Reserve Bank of New York

Abstract:

Loading...

Liquidity externality, Internet stock picks, market efficiency

31.

An Analysis of OTC Interest Rate Derivatives Transactions: Implications for Public Reporting

Number of pages: 23 Posted: 19 Apr 2012
Federal Reserve Bank of New York, Bank of England, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 215 (180,752)
Citation 11

Abstract:

Loading...

interest rate derivatives, price reporting, public transparency, standardization

Market Liquidity and Trader Welfare in Multiple Dealer Markets: Evidence from Dual Trading Restrictions

Number of pages: 55 Posted: 09 Nov 1998
Asani Sarkar, Peter Locke and Lifan Wu
Federal Reserve Bank of New York, Texas Christian University and California State University, Los Angeles - Department of Finance and Law
Downloads 194 (198,584)
Citation 1

Abstract:

Loading...

Market Liquidity and Trader Welfare in Multiple Dealer Markets: Evidence from Dual Trading Restrictions

Posted: 09 Nov 1998
Asani Sarkar, Peter Locke and Lifan Wu
Federal Reserve Bank of New York, Texas Christian University and California State University, Los Angeles - Department of Finance and Law

Abstract:

Loading...

33.

Two-Sided Markets and Intertemporal Trade Clustering: Insights into Trading Motives

Number of pages: 56 Posted: 15 May 2006
Robert A. Schwartz and Asani Sarkar
Baruch College - CUNY and Federal Reserve Bank of New York
Downloads 188 (204,407)

Abstract:

Loading...

two-sided markets, trade clustering, trading motives, equity markets, volatility, trading costs

34.

The US Dollar Funding Premium of Global Banks

Number of pages: 70 Posted: 25 Jul 2012
Asani Sarkar and Warren B. Hrung
Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 176 (216,490)
Citation 2

Abstract:

Loading...

Global banks, European banks, US dollar funding risk, asymmetric information, repo funding, Fed liquidity facilities, crisis.

35.

Financial Amplification Mechanisms and the Federal Reserve's Supply of Liquidity During the Crisis

Number of pages: 20 Posted: 17 Sep 2010
Asani Sarkar and Jeffrey Shrader
Federal Reserve Bank of New York and Columbia University - School of International & Public Affairs (SIPA)
Downloads 166 (227,547)
Citation 12

Abstract:

Loading...

Financial Amplification Mechanism, Federal Reserve Liquidity Facilities, Balance Sheet, Adverse Selection, Funding Liquidity, Market Liquidity

36.

Dealer Financial Conditions and Lender-of-Last Resort Facilities

Number of pages: 57 Posted: 20 May 2014
ProfessorNew York University - Leonard N. Stern School of Business, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 109 (314,537)
Citation 16

Abstract:

Loading...

lender of last resort, central banking, crises, illiquidity, insolvency, stigma

37.

Is Size Everything?

Number of pages: 60 Posted: 17 Aug 2018
Samuel Antill and Asani Sarkar
Harvard Business School and Federal Reserve Bank of New York
Downloads 99 (335,397)

Abstract:

Loading...

“too big to fail,” systemic risk, implicit subsidies, interconnectedness, complexity, financial crisis, bailout, TARP, Fed, GSIB

38.

Components of U.S. Financial Sector Growth, 1950-2013

Number of pages: 27 Posted: 08 Apr 2014 Last Revised: 28 Nov 2014
Samuel Antill, David Hou and Asani Sarkar
Harvard Business School, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 97 (339,832)

Abstract:

Loading...

financial sector size, shadow banks, commercial banks, asset management, firm size, leverage

39.

Dealers and the Dealer of Last Resort: Evidence from MBS Markets in the COVID-19 Crisis

Number of pages: 56 Posted: 21 Jul 2020 Last Revised: 06 Oct 2021
University of Hawaii, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Johns Hopkins University - Carey Business School
Downloads 88 (361,313)

Abstract:

Loading...

arbitrage, cash, dealer, liquidity, MBS, specified pool, TBA

40.

The Pre-Crisis Monetary Policy Implementation Framework

Number of pages: 37 Posted: 22 Mar 2017 Last Revised: 21 Jun 2018
Alexander Kroeger, John McGowan and Asani Sarkar
Analysis Group, Inc., Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 67 (422,054)
Citation 5

Abstract:

Loading...

Fed, monetary policy framework, pre-crisis

41.

COVID Response: The Term Asset-Backed Securities Loan Facility

Number of pages: 29 Posted: 29 Sep 2021
affiliation not provided to SSRN, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Board of Governors of the Federal Reserve System
Downloads 18 (663,338)

Abstract:

Loading...

TALF, COVID crisis, Fed facility, securitization, ABS market, Federal Reserve lending facilities _________________

42.

On the Equivalence of Noise Trader and Hedger Models in Market Microstructure

Posted: 23 Dec 1999
Asani Sarkar
Federal Reserve Bank of New York

Abstract:

Loading...

43.

Estimating the Adverse Selection and Fixed Costs of Trading in Markets with Multiple Informed Traders

Posted: 07 Jul 1998
Sugato Chakravarty, Asani Sarkar and Lifan Wu
affiliation not provided to SSRN, Federal Reserve Bank of New York and California State University, Los Angeles - Department of Finance and Law

Abstract:

Loading...

44.

Estimating the Adverse Selection Cost in Markets with Multiple Informed Traders

Posted: 18 Sep 1997
Sugato Chakravarty, Asani Sarkar and Lifan Wu
affiliation not provided to SSRN, Federal Reserve Bank of New York and California State University, Los Angeles - Department of Finance and Law

Abstract:

Loading...

45.

A Model of Brokers? Trading, with Applications to Order Flow Internalization, Insider Trading and Off-Exchange Stock Sales

Posted: 25 Jun 1997
Sugato Chakravarty and Asani Sarkar
affiliation not provided to SSRN and Federal Reserve Bank of New York

Abstract:

Loading...

Other Papers (1)

Total Downloads: 8
1.

Liquidity, Returns and Investor Heterogeneity in the Corporate Bond Markets

Number of pages: 38 Posted: 17 Mar 2008 Last Revised: 02 Jul 2020
Robert Guo, Asani Sarkar and Til Schuermann
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Oliver Wyman
Downloads 8

Abstract:

Loading...

corporate bonds, liquidity, retail traders, institutions