Matches in SemOpenAlex for { <https://semopenalex.org/work/W2901991878> ?p ?o ?g. }
Showing items 1 to 85 of
85
with 100 items per page.
- W2901991878 abstract "This paper analyzes financial intermediation chains in a search model with an endogenous intermediarysector. We show that the chain length and price dispersion among inter-dealer trades aredecreasing in search cost, search speed, and market size, but increasing in investors’ trading needs.Using data from the U.S. corporate bond market, we find evidence broadly consistent with thesepredictions. Moreover, as search speed approaches infinity, the search equilibrium does not alwaysconverge to the centralized-market equilibrium: prices and allocation converge, but the tradingvolume may not. Finally, the multiplicity and stability of the equilibrium is analyzed." @default.
- W2901991878 created "2018-12-11" @default.
- W2901991878 creator A5017291564 @default.
- W2901991878 creator A5031528062 @default.
- W2901991878 creator A5039426613 @default.
- W2901991878 date "2018-01-01" @default.
- W2901991878 modified "2023-09-30" @default.
- W2901991878 title "Financial Intermediation Chains in an OTC Market" @default.
- W2901991878 cites W1483403840 @default.
- W2901991878 cites W1483954810 @default.
- W2901991878 cites W1556267561 @default.
- W2901991878 cites W1567973043 @default.
- W2901991878 cites W1963884123 @default.
- W2901991878 cites W2049141488 @default.
- W2901991878 cites W2095718815 @default.
- W2901991878 cites W2113278160 @default.
- W2901991878 cites W2118547492 @default.
- W2901991878 cites W2125991987 @default.
- W2901991878 cites W2136431647 @default.
- W2901991878 cites W2140679182 @default.
- W2901991878 cites W2149107726 @default.
- W2901991878 cites W2158120228 @default.
- W2901991878 cites W2158527487 @default.
- W2901991878 cites W2162009965 @default.
- W2901991878 cites W2338011063 @default.
- W2901991878 cites W3021437762 @default.
- W2901991878 cites W3022314381 @default.
- W2901991878 cites W3023939287 @default.
- W2901991878 cites W3121268343 @default.
- W2901991878 cites W3122722804 @default.
- W2901991878 cites W3122884139 @default.
- W2901991878 cites W3123067977 @default.
- W2901991878 cites W3123522471 @default.
- W2901991878 cites W3123688671 @default.
- W2901991878 cites W3124560671 @default.
- W2901991878 cites W3124770651 @default.
- W2901991878 cites W3125628392 @default.
- W2901991878 cites W3125934183 @default.
- W2901991878 doi "https://doi.org/10.29338/wp2018-15" @default.
- W2901991878 hasPublicationYear "2018" @default.
- W2901991878 type Work @default.
- W2901991878 sameAs 2901991878 @default.
- W2901991878 citedByCount "11" @default.
- W2901991878 countsByYear W29019918782012 @default.
- W2901991878 countsByYear W29019918782014 @default.
- W2901991878 countsByYear W29019918782015 @default.
- W2901991878 countsByYear W29019918782017 @default.
- W2901991878 countsByYear W29019918782018 @default.
- W2901991878 countsByYear W29019918782020 @default.
- W2901991878 countsByYear W29019918782021 @default.
- W2901991878 crossrefType "journal-article" @default.
- W2901991878 hasAuthorship W2901991878A5017291564 @default.
- W2901991878 hasAuthorship W2901991878A5031528062 @default.
- W2901991878 hasAuthorship W2901991878A5039426613 @default.
- W2901991878 hasBestOaLocation W29019918781 @default.
- W2901991878 hasConcept C10138342 @default.
- W2901991878 hasConcept C144133560 @default.
- W2901991878 hasConcept C2779143981 @default.
- W2901991878 hasConcept C65146658 @default.
- W2901991878 hasConcept C73283319 @default.
- W2901991878 hasConceptScore W2901991878C10138342 @default.
- W2901991878 hasConceptScore W2901991878C144133560 @default.
- W2901991878 hasConceptScore W2901991878C2779143981 @default.
- W2901991878 hasConceptScore W2901991878C65146658 @default.
- W2901991878 hasConceptScore W2901991878C73283319 @default.
- W2901991878 hasLocation W29019918781 @default.
- W2901991878 hasLocation W29019918782 @default.
- W2901991878 hasLocation W29019918783 @default.
- W2901991878 hasLocation W29019918784 @default.
- W2901991878 hasOpenAccess W2901991878 @default.
- W2901991878 hasPrimaryLocation W29019918781 @default.
- W2901991878 hasRelatedWork W1550817206 @default.
- W2901991878 hasRelatedWork W1583494396 @default.
- W2901991878 hasRelatedWork W2287341125 @default.
- W2901991878 hasRelatedWork W2415616883 @default.
- W2901991878 hasRelatedWork W2612556388 @default.
- W2901991878 hasRelatedWork W2951794101 @default.
- W2901991878 hasRelatedWork W3009815140 @default.
- W2901991878 hasRelatedWork W3080846695 @default.
- W2901991878 hasRelatedWork W3216636397 @default.
- W2901991878 hasRelatedWork W4312387740 @default.
- W2901991878 isParatext "false" @default.
- W2901991878 isRetracted "false" @default.
- W2901991878 magId "2901991878" @default.
- W2901991878 workType "article" @default.