... P., and Lando, D. (2009), Corporate bond liquidity before and after the onset of the subprime crisis, Working Paper, Copenhagen Business School, Institute of Finance. Feldhütter, P. and D. Lando ... Dan Salandro and Kuldeep Shastri (1988), “On the Estimation of Bid-Ask Spreads: Theory and Evidence.” Journal of Financial and Quantitative Analysis, Vol. 23, pp 219-229. Covitz, D. and C. ... market and bond series size and credit quality.8 Here one could also see if there are larger differences between on- and off-the-run bonds during the crisis period than in the periods before and...