FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1587750808> ?p ?o ?g. }

• W1587750808 abstract "Chapter I - Derivative Market Competition: OTC Markets Versus Organized Derivative Exchanges Recent regulatory initiatives in the United States have again raised the issue of a ''level regulatory and supervisory playing field'' and the degree of competition globally between over-the-counter (OTC) derivatives and organized derivative exchange (ODE) markets. This chapter models some important aspects of how an ODE market interrelates with the OTC markets. It analyzes various ways in which an ODE market can respond to competition from the OTC markets and considers whether ODE markets would actually benefit from a more level playing field. Among other factors, such as different transaction costs, different abilities to mitigate credit risk play a significant role in determining the degree of competition between the two types of markets. This implies that a potentially important service ODE markets can provide OTC market participants is to extend clearing services to them. Such services would allow the OTC markets to focus more on providing less competitive contracts/innovations and instead customize their contracts to specific investors’ risk preferences and needs. Chapter II – Crisis Resolution and Private Sector Adaptation Efforts at crisis resolution that succeed in reducing potential inefficiencies and instability in the international financial system are in the interest of both the private and the public sector. Unlike in the domestic context, in the international context, in the absence of clearly established rules of the game, the approaches adopted toward crisis resolution, and the extent to which they are interpreted by market participants as setting a precedent, can have profound implications for the nature and structure of international capital flows. The key conclusion of this chapter is that recent experiences with payment suspensions and bond restructurings are limited as guides to determining the future success or failures of these initiatives, as the private sector most likely has adapted in order to minimize any unwanted public sector involvement. Chapter III - European Equity Market Integration: Cyclical or Structural? Reviewing the empirical evidence of equity market integration in the European Union, the chapter finds a significant increase in the importance of global sector factors for a number of industries. Unlike most past studies, which only covered developments during the bull market of the late nineties, the results presented in this chapter suggest that the degree of Euroland equity market integration has declined gradually following the bursting of the TMT bubble. This seems to suggest that the findings of previous studies that Euroland equity markets were nearly fully financially integrated is worth revisiting. There are, however, several good reasons to believe that the structural factors driving European equity market integration have yet to play themselves out fully. Institutional investors both outside the Euroland area and within have substantial untapped capacity to take on Euroland exposures and invest additionally in Euroland equities." @default.
• W1587750808 created "2016-06-24" @default.
• W1587750808 creator A5003570417 @default.
• W1587750808 date "2004-01-01" @default.
• W1587750808 modified "2023-10-18" @default.
• W1587750808 title "Derivative Market Competition: OTC Markets Versus Organized Derivative Exchanges" @default.
• W1587750808 cites W1986089825 @default.
• W1587750808 cites W2046847904 @default.
• W1587750808 cites W2071415903 @default.
• W1587750808 cites W2152880106 @default.
• W1587750808 cites W2987941956 @default.
• W1587750808 cites W3121550368 @default.
• W1587750808 cites W3122226287 @default.
• W1587750808 cites W3122573464 @default.
• W1587750808 doi "https://doi.org/10.2139/ssrn.878884" @default.
• W1587750808 hasPublicationYear "2004" @default.
• W1587750808 type Work @default.
• W1587750808 sameAs 1587750808 @default.
• W1587750808 citedByCount "11" @default.
• W1587750808 countsByYear W15877508082016 @default.
• W1587750808 countsByYear W15877508082019 @default.
• W1587750808 crossrefType "journal-article" @default.
• W1587750808 hasAuthorship W1587750808A5003570417 @default.
• W1587750808 hasConcept C10138342 @default.
• W1587750808 hasConcept C106159729 @default.
• W1587750808 hasConcept C106306483 @default.
• W1587750808 hasConcept C111771559 @default.
• W1587750808 hasConcept C144133560 @default.
• W1587750808 hasConcept C162324750 @default.
• W1587750808 hasConcept C18903297 @default.
• W1587750808 hasConcept C86803240 @default.
• W1587750808 hasConcept C91306197 @default.
• W1587750808 hasConcept C95727064 @default.
• W1587750808 hasConceptScore W1587750808C10138342 @default.
• W1587750808 hasConceptScore W1587750808C106159729 @default.
• W1587750808 hasConceptScore W1587750808C106306483 @default.
• W1587750808 hasConceptScore W1587750808C111771559 @default.
• W1587750808 hasConceptScore W1587750808C144133560 @default.
• W1587750808 hasConceptScore W1587750808C162324750 @default.
• W1587750808 hasConceptScore W1587750808C18903297 @default.
• W1587750808 hasConceptScore W1587750808C86803240 @default.
• W1587750808 hasConceptScore W1587750808C91306197 @default.
• W1587750808 hasConceptScore W1587750808C95727064 @default.
• W1587750808 hasLocation W15877508081 @default.
• W1587750808 hasOpenAccess W1587750808 @default.
• W1587750808 hasPrimaryLocation W15877508081 @default.
• W1587750808 hasRelatedWork W1512544687 @default.
• W1587750808 hasRelatedWork W1971815599 @default.
• W1587750808 hasRelatedWork W1976612167 @default.
• W1587750808 hasRelatedWork W2772414539 @default.
• W1587750808 hasRelatedWork W3097689736 @default.
• W1587750808 hasRelatedWork W3125397249 @default.
• W1587750808 hasRelatedWork W3139041972 @default.
• W1587750808 hasRelatedWork W3184373363 @default.
• W1587750808 hasRelatedWork W3192955753 @default.
• W1587750808 hasRelatedWork W4312431580 @default.
• W1587750808 isParatext "false" @default.
• W1587750808 isRetracted "false" @default.
• W1587750808 magId "1587750808" @default.
• W1587750808 workType "article" @default.