Publication in the Journal of Financial Intermediation
Department of Finance Visiting Scholar Dr. Esa Jokivuolle's paper "Do Banks' Overnight Borrowing Rates Lead Their CDS Price? Evidence from the Eurosystem" has been accepted for publication in the Journal of Financial Intermediation. The paper's other authors are Eero Tölö (Bank of Finland) and Matti Virén (University of Turku, Bank of Finland).
Dr. Jokivuolle works at the Bank of Finland as a senior adviser.