Corporate Bond Market Transparency and Transaction Costs

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Latent liquidity: A new measure of liquidity, with an application to corporate bonds ☆ (2008, unknown): “The first is the inventory cost argument in the early microstructure literature of Garman (1976), Stoll (1978), and Amihud and Mendelson (1980), among others.”
Liquidity in asset markets with search frictions (2007, background): “This average fee is also the expected revenue of an individual dealer conditional on meeting an investor; it equals PI i,j=1 njiφji, or using (15),”
A Liquidity-Based Theory of Closed-End Funds (2009, result): “Harris and Piwowar (2006) corroborate this, while Edwards et al. (2006) report qualitatively similar results for corporate bonds.”
Rollover Risk and Credit Risk (2012, unknown): “In this section, we derive the debt and equity valuation and the rm s endogenous bankruptcy boundary.”
Corporate Bond Credit Spreads and Forecast Dispersion (2010, background): “This effect is more pronounced for bonds of lower credit quality, longer maturi(1)Edwards et al. (2004) show that transaction costs for corporate bonds are higher than for stocks.”