Matches in SemOpenAlex for { <https://semopenalex.org/work/W2023371105> ?p ?o ?g. }
Showing items 1 to 95 of
95
with 100 items per page.
- W2023371105 endingPage "1543" @default.
- W2023371105 startingPage "1521" @default.
- W2023371105 abstract "This paper analyzes individual bidding data of the longer term refinancing operations (LTROs) of the European Central Bank. We investigate how banks’ bidding behavior is related to a series of exogenous variables including collateral costs, interest rate expectations, market volatility and to individual bank characteristics like country of origin, size, and experience. A specific feature of these auctions is that the number and composition of bidders varies over time. Therefore, we estimate panel sample selection models to control for a bank’s endogenous participation decision. We find that bidding strategies depend on the banks’ attributes. Yet, different bidding behavior generally does not translate into differences concerning bidder success. There is evidence for the winner’s curse effect in LTROs indicating a common value component in banks’ demand for longer term refinancing." @default.
- W2023371105 created "2016-06-24" @default.
- W2023371105 creator A5001775064 @default.
- W2023371105 creator A5008487412 @default.
- W2023371105 creator A5082029886 @default.
- W2023371105 date "2007-05-01" @default.
- W2023371105 modified "2023-09-26" @default.
- W2023371105 title "Bidding behavior in the longer term refinancing operations of the European Central Bank: Evidence from a panel sample selection model" @default.
- W2023371105 cites W1494498837 @default.
- W2023371105 cites W158557872 @default.
- W2023371105 cites W2004018340 @default.
- W2023371105 cites W2005670827 @default.
- W2023371105 cites W2014431912 @default.
- W2023371105 cites W2033977424 @default.
- W2023371105 cites W2057067174 @default.
- W2023371105 cites W2072696699 @default.
- W2023371105 cites W2103729969 @default.
- W2023371105 cites W2139122730 @default.
- W2023371105 cites W2586769758 @default.
- W2023371105 cites W3123396550 @default.
- W2023371105 cites W3123553298 @default.
- W2023371105 cites W2125661556 @default.
- W2023371105 doi "https://doi.org/10.1016/j.jbankfin.2007.01.006" @default.
- W2023371105 hasPublicationYear "2007" @default.
- W2023371105 type Work @default.
- W2023371105 sameAs 2023371105 @default.
- W2023371105 citedByCount "19" @default.
- W2023371105 countsByYear W20233711052012 @default.
- W2023371105 countsByYear W20233711052013 @default.
- W2023371105 countsByYear W20233711052014 @default.
- W2023371105 countsByYear W20233711052015 @default.
- W2023371105 countsByYear W20233711052016 @default.
- W2023371105 countsByYear W20233711052018 @default.
- W2023371105 countsByYear W20233711052022 @default.
- W2023371105 crossrefType "journal-article" @default.
- W2023371105 hasAuthorship W2023371105A5001775064 @default.
- W2023371105 hasAuthorship W2023371105A5008487412 @default.
- W2023371105 hasAuthorship W2023371105A5082029886 @default.
- W2023371105 hasConcept C10138342 @default.
- W2023371105 hasConcept C121332964 @default.
- W2023371105 hasConcept C126285488 @default.
- W2023371105 hasConcept C149782125 @default.
- W2023371105 hasConcept C162324750 @default.
- W2023371105 hasConcept C163239763 @default.
- W2023371105 hasConcept C175444787 @default.
- W2023371105 hasConcept C185592680 @default.
- W2023371105 hasConcept C198531522 @default.
- W2023371105 hasConcept C2777910564 @default.
- W2023371105 hasConcept C2992735868 @default.
- W2023371105 hasConcept C43617362 @default.
- W2023371105 hasConcept C556758197 @default.
- W2023371105 hasConcept C61797465 @default.
- W2023371105 hasConcept C62520636 @default.
- W2023371105 hasConcept C6422946 @default.
- W2023371105 hasConcept C91602232 @default.
- W2023371105 hasConcept C9233905 @default.
- W2023371105 hasConceptScore W2023371105C10138342 @default.
- W2023371105 hasConceptScore W2023371105C121332964 @default.
- W2023371105 hasConceptScore W2023371105C126285488 @default.
- W2023371105 hasConceptScore W2023371105C149782125 @default.
- W2023371105 hasConceptScore W2023371105C162324750 @default.
- W2023371105 hasConceptScore W2023371105C163239763 @default.
- W2023371105 hasConceptScore W2023371105C175444787 @default.
- W2023371105 hasConceptScore W2023371105C185592680 @default.
- W2023371105 hasConceptScore W2023371105C198531522 @default.
- W2023371105 hasConceptScore W2023371105C2777910564 @default.
- W2023371105 hasConceptScore W2023371105C2992735868 @default.
- W2023371105 hasConceptScore W2023371105C43617362 @default.
- W2023371105 hasConceptScore W2023371105C556758197 @default.
- W2023371105 hasConceptScore W2023371105C61797465 @default.
- W2023371105 hasConceptScore W2023371105C62520636 @default.
- W2023371105 hasConceptScore W2023371105C6422946 @default.
- W2023371105 hasConceptScore W2023371105C91602232 @default.
- W2023371105 hasConceptScore W2023371105C9233905 @default.
- W2023371105 hasIssue "5" @default.
- W2023371105 hasLocation W20233711051 @default.
- W2023371105 hasOpenAccess W2023371105 @default.
- W2023371105 hasPrimaryLocation W20233711051 @default.
- W2023371105 hasRelatedWork W1984203460 @default.
- W2023371105 hasRelatedWork W2030965354 @default.
- W2023371105 hasRelatedWork W2114373646 @default.
- W2023371105 hasRelatedWork W2164205242 @default.
- W2023371105 hasRelatedWork W2912875060 @default.
- W2023371105 hasRelatedWork W2953384992 @default.
- W2023371105 hasRelatedWork W3123359822 @default.
- W2023371105 hasRelatedWork W3123373010 @default.
- W2023371105 hasRelatedWork W3125426162 @default.
- W2023371105 hasRelatedWork W3125885353 @default.
- W2023371105 hasVolume "31" @default.
- W2023371105 isParatext "false" @default.
- W2023371105 isRetracted "false" @default.
- W2023371105 magId "2023371105" @default.
- W2023371105 workType "article" @default.