A Multiple Lender Approach to Understanding Supply and Search in the Equity Lending Market

Material TypeArticleLanguageEnglish
TitleA Multiple Lender Approach to Understanding Supply and Search in the Equity Lending Market Author(S)ADAM C KOLASINSKI (Author)
Abstract  Using unique data from 12 lenders, we examine how equity lending fees respond to demand shocks. We find that, when demand is moderate, fees are largely insensitive to demand shocks. However, at high demand levels, ...Paginationp559-596
SubjectEconomicsDescriptorsFinance Economics
Journal TitleThe Journal of Finance  
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