Matches in SemOpenAlex for { <https://semopenalex.org/work/W3122380687> ?p ?o ?g. }
Showing items 1 to 82 of
82
with 100 items per page.
- W3122380687 abstract "I develop a search-and-bargaining model of liquidity provision in over-the-counter markets where investors differ in their search intensities. A distinguishing characteristic of my model is its tractability: it allows for heterogeneity, unrestricted asset positions, and fully decentralized trade. I find that investors with higher search intensities (i.e., fast investors) are less averse to holding inventories and more attracted to cash earnings, which makes the model corroborate a number of stylized facts that do not emerge from existing models: (i) fast investors provide intermediation by charging a speed premium, and (ii) fast investors hold larger and more volatile inventories. Then, I use the model to study the effect of trading frictions on the supply and price of liquidity. The results have policy implications concerning the Volcker rule." @default.
- W3122380687 created "2021-02-01" @default.
- W3122380687 creator A5021865147 @default.
- W3122380687 date "2016-01-01" @default.
- W3122380687 modified "2023-10-02" @default.
- W3122380687 title "Pricing and Liquidity in Decentralized Asset Markets" @default.
- W3122380687 cites W1575584769 @default.
- W3122380687 cites W1945644519 @default.
- W3122380687 cites W1969920908 @default.
- W3122380687 cites W2007368285 @default.
- W3122380687 cites W2058032269 @default.
- W3122380687 cites W2122716125 @default.
- W3122380687 cites W2128075976 @default.
- W3122380687 cites W2130375549 @default.
- W3122380687 cites W2144014842 @default.
- W3122380687 cites W2159726322 @default.
- W3122380687 cites W2169903125 @default.
- W3122380687 cites W3123240520 @default.
- W3122380687 cites W3123728779 @default.
- W3122380687 cites W3123736703 @default.
- W3122380687 cites W3124128511 @default.
- W3122380687 cites W3125076174 @default.
- W3122380687 cites W3126001971 @default.
- W3122380687 cites W3126146578 @default.
- W3122380687 cites W3149448910 @default.
- W3122380687 doi "https://doi.org/10.2139/ssrn.2841919" @default.
- W3122380687 hasPublicationYear "2016" @default.
- W3122380687 type Work @default.
- W3122380687 sameAs 3122380687 @default.
- W3122380687 citedByCount "11" @default.
- W3122380687 countsByYear W31223806872014 @default.
- W3122380687 countsByYear W31223806872016 @default.
- W3122380687 countsByYear W31223806872017 @default.
- W3122380687 countsByYear W31223806872018 @default.
- W3122380687 countsByYear W31223806872019 @default.
- W3122380687 countsByYear W31223806872021 @default.
- W3122380687 crossrefType "journal-article" @default.
- W3122380687 hasAuthorship W3122380687A5021865147 @default.
- W3122380687 hasBestOaLocation W31223806872 @default.
- W3122380687 hasConcept C106159729 @default.
- W3122380687 hasConcept C144133560 @default.
- W3122380687 hasConcept C162324750 @default.
- W3122380687 hasConcept C167626555 @default.
- W3122380687 hasConcept C181236170 @default.
- W3122380687 hasConcept C183582576 @default.
- W3122380687 hasConcept C189259953 @default.
- W3122380687 hasConcept C38652104 @default.
- W3122380687 hasConcept C41008148 @default.
- W3122380687 hasConcept C556758197 @default.
- W3122380687 hasConcept C73283319 @default.
- W3122380687 hasConcept C76178495 @default.
- W3122380687 hasConceptScore W3122380687C106159729 @default.
- W3122380687 hasConceptScore W3122380687C144133560 @default.
- W3122380687 hasConceptScore W3122380687C162324750 @default.
- W3122380687 hasConceptScore W3122380687C167626555 @default.
- W3122380687 hasConceptScore W3122380687C181236170 @default.
- W3122380687 hasConceptScore W3122380687C183582576 @default.
- W3122380687 hasConceptScore W3122380687C189259953 @default.
- W3122380687 hasConceptScore W3122380687C38652104 @default.
- W3122380687 hasConceptScore W3122380687C41008148 @default.
- W3122380687 hasConceptScore W3122380687C556758197 @default.
- W3122380687 hasConceptScore W3122380687C73283319 @default.
- W3122380687 hasConceptScore W3122380687C76178495 @default.
- W3122380687 hasLocation W31223806871 @default.
- W3122380687 hasLocation W31223806872 @default.
- W3122380687 hasLocation W31223806873 @default.
- W3122380687 hasOpenAccess W3122380687 @default.
- W3122380687 hasPrimaryLocation W31223806871 @default.
- W3122380687 hasRelatedWork W2064497778 @default.
- W3122380687 hasRelatedWork W2159978824 @default.
- W3122380687 hasRelatedWork W3121825426 @default.
- W3122380687 hasRelatedWork W3123558631 @default.
- W3122380687 hasRelatedWork W3125348909 @default.
- W3122380687 hasRelatedWork W3125914352 @default.
- W3122380687 hasRelatedWork W3125972840 @default.
- W3122380687 hasRelatedWork W3168331890 @default.
- W3122380687 hasRelatedWork W3194532863 @default.
- W3122380687 hasRelatedWork W3201705014 @default.
- W3122380687 isParatext "false" @default.
- W3122380687 isRetracted "false" @default.
- W3122380687 magId "3122380687" @default.
- W3122380687 workType "article" @default.