Investor-Driven Corporate Finance: Evidence from Insurance Markets
R&R Review of Financial Studies
Bond demand by insurance companies affects the financing and investment decisions of nonfinancial firms through its price impact.Presentations: FIRS (2023), AEA-ARIA session (2023), SGF (2023), Chicago Fed Workshop on Non-Bank Financial Intermediaries (2023), German Insurance Science Association (2023), Australasian Finance and Banking Conference (2022)