Spanning the Transparency Divide
By: The Financial Times (Sep 2005)
The Financial Times' "Spanning the Transparency Divide" extensively cites Dr. Piwowar's research on the benefits of introducing price transparency to the U.S. corporate bond markets.
Transparency Could Save Investors $1B
By: The Financial Times (May 2005)
The Financial Times' "Transparency Could Save Investors $1 Billion a Year" features Dr. Piwowar's research on the benefits to investors and issuers from adding price transparency to the corporate bond market.
Lessons from U.S. Corporate Bond Market Transparency Initiatives and Implications for the European Union (EU) Markets in Financial Instruments Directive (MiFID)
By: Michael Piwowar (May 2005)
Dr. Piwowar presented "Lessons from U.S. Corporate Bond Market Transparency Initiatives and Implications for the European Union (EU) Markets in Financial Instruments Directive (MiFID)" at the European Central Bank (ECB) in Frankfurt, Germany.
Bond Markets: Ripe
By: The Economist (Oct 2004)
The Economist's "Bond Markets: Ripe" cites Dr. Piwowar's research on corporate bond market trading costs.
Studies urge corporate bond changes
By: MarketWatch (Oct 2004)
MarketWatch's "Studies urge corporate bond changes" cites Dr. Piwowar's research showing that price transparency in the corporate bond market results in lower trading costs.