Over-the-Counter Markets

From MaRDI portal
Revision as of 02:10, 9 February 2024 by Import240129110113 (talk | contribs) (Created automatically from import240129110113)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Publication:5393919


DOI10.1111/j.1468-0262.2005.00639.xzbMath1153.91489WikidataQ56457270 ScholiaQ56457270MaRDI QIDQ5393919

Lasse Heje Pedersen, Nicolae Gârleanu, J. Darrell Duffie

Publication date: 24 October 2006

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/j.1468-0262.2005.00639.x


91B62: Economic growth models

91B26: Auctions, bargaining, bidding and selling, and other market models


Related Items

Liquidity premium in the presence of stock market crises and background risk, Quantifying preferential trading in the e-MID interbank market, A financial CCAPM and economic inequalities, Efficient Sampling Allocation Procedures for Optimal Quantile Selection, Unnamed Item, Compressing Over-the-Counter Markets, PRICING FOR LARGE POSITIONS IN CONTINGENT CLAIMS, BUYERS, SELLERS, AND MIDDLEMEN: VARIATIONS ON SEARCH‐THEORETIC THEMES, Law of Large Numbers for Dynamic Bargaining Markets, Traditional and digital currencies in over-the-counter markets, Heterogeneity in decentralized asset markets, Market-making with search and information frictions, ENDOGENOUS PROCYCLICAL LIQUIDITY, CAPITAL REALLOCATION, AND q, Coexistence of money and interest-bearing bonds, Level-\(k\) predatory trading, Credit search and credit cycles, Market making with asymmetric information and inventory risk, Introduction to the symposium issue on money and liquidity, Search-based models of money and finance: an integrated approach, Liquidity and asset prices in a monetary model with OTC asset markets, Over-the-counter trade and the value of assets as collateral, Existence and uniqueness of a steady state for an OTC market with several assets, Holdups and overinvestment in capital markets, Asset liquidity and international portfolio choice, Trading dynamics in decentralized markets with adverse selection, The exact law of large numbers for independent random matching, Dynamic matching and bargaining with heterogeneous deadlines, Steady states in matching and bargaining, Bilateral trading in divisible double auctions, A tractable model of indirect asset liquidity, Portfolio choice under transitory price impact, Crises and liquidity in over-the-counter markets, Staggered updating in an artificial financial market, Independent random partial matching with general types, Dynamic multilateral markets, Credit market frictions and capital structure dynamics, Information, coordination, and market frictions: an introduction, Liquidity premia in dynamic bargaining markets, Bargaining with endogenous information, The relative contributions of private information sharing and public information releases to information aggregation, Individual risk and Lebesgue extension without aggregate uncertainty, Portfolio choice and pricing in illiquid markets, Financial fragility and over-the-counter markets, Payment instruments and collateral in the interbank payment system, Limelight on dark markets: theory and experimental evidence on liquidity and information, On the optimal quantity of liquid bonds, Imperfect knowledge, liquidity and bubbles, Frictional capital reallocation. I: Ex ante heterogeneity, Comments on ``Frictional capital reallocation. I: Ex ante heterogeneity by R. Wright, S. X. Xiao, and Y. Zhu, A dynamic network model of the unsecured interbank lending market, Equilibrium theory of stock market crashes, The role of bank relationships in the interbank market, A new suggestion for simplifying the theory of money, The effect of market power on risk-sharing, Dynamic inefficiency in decentralized capital markets, Liquidity misallocation in an over-the-counter market, Dynamic directed random matching, Frictional asset reallocation under adverse selection, The role of trading frictions in financial markets, Imperfect information transmission and adverse selection in asset markets, Dynamic trading with developing adverse selection, Pricing in an equilibrium based model for a large investor, Heterogeneous beliefs in over-the-counter markets, A model of secular migration from centralized to decentralized trade, Intermediation in over-the-counter markets with price transparency, Over-the-counter versus double auction in asset markets with near-zero-intelligence traders, Robust perfect equilibrium in large games, Money mining and price dynamics: the case of divisible currencies, Dynamic price discovery: transparency vs. information design, Bargaining under liquidity constraints: unified strategic foundations of the Nash and Kalai solutions, Credit frictions and participation in over-the-counter markets, Modeling large societies: why countable additivity is necessary, Meeting technologies and optimal trading mechanisms in competitive search markets, Limit theorems for individual-based models in economics and finance, How does asymmetric information create market incompleteness?, Intermediation in markets for goods and markets for assets, A dynamic analysis of Nash equilibria in search models with fiat money, A model for a large investor trading at market indifference prices. I: Single-period case, Frictional asset markets and the liquidity channel of monetary policy, Counterparty risk externality: centralized versus over-the-counter markets, Search and endogenous concentration of liquidity in asset markets, Existence of independent random matching, Price impact in Nash equilibria, EFFICIENCY AND BARGAINING POWER IN THE INTERBANK LOAN MARKET, LIQUIDITY PROVISION IN CAPACITY-CONSTRAINED MARKETS, Partial differential equation models in macroeconomics, Control of Interbank Contagion Under Partial Information, LEARNING DYNAMICS AND NONLINEAR MISSPECIFICATION IN AN ARTIFICIAL FINANCIAL MARKET