This paper documents that in distress periods, liquidity constrained investors sell liquid
corporate bonds and hold onto illiquid ones, a phenomenon which we refer to as flight from …

The bond market is a key securities market and emerging economies present exciting, new
investment opportunities. This timely book provides insights into these emerging bond …

Treasury bonds are secure units of government debt, they offer medium to long-term
investment to traders. Auctioned by the Central Bank of Kenya (CBK) on monthly basis …

This thesis consists of three self-contained essays in econometrics and statistics. It
discusses methodological topics in semi-and nonparametric statistics as well as empirical …