Matches in SemOpenAlex for { <https://semopenalex.org/work/W3124429902> ?p ?o ?g. }
Showing items 1 to 65 of
65
with 100 items per page.
- W3124429902 abstract "This paper studies frictions in the euro area interbank deposit overnight market, making use of high frequency individual quote and trade data. The aim of the analysis is to determine, in a quantitative way, how efficient this market is. Besides a comprehensive descriptive analysis, the approach used defines a measure of the friction arising for each single transaction, by which we understand an (small) initial loss accepted by a counterparty, and the corresponding gain made by the other counterparty. The evolution of total daily frictions is then put into perspective comparing it with the frictions arising if flows corresponded to the optimal solution of a “cash transportation problem”. The main conclusions of this exercise are that overall frictions, although small in absolute size, tend to increase strongly whenever the overnight rate becomes volatile. Some tentative explanations for this are given, relying on the introduced methodology. JEL Classification: D4, E52, C61" @default.
- W3124429902 created "2021-02-01" @default.
- W3124429902 creator A5071280022 @default.
- W3124429902 creator A5076859221 @default.
- W3124429902 date "2005-02-01" @default.
- W3124429902 modified "2023-09-27" @default.
- W3124429902 title "A look at intraday frictions in the euro area overnight deposit market" @default.
- W3124429902 hasPublicationYear "2005" @default.
- W3124429902 type Work @default.
- W3124429902 sameAs 3124429902 @default.
- W3124429902 citedByCount "0" @default.
- W3124429902 crossrefType "posted-content" @default.
- W3124429902 hasAuthorship W3124429902A5071280022 @default.
- W3124429902 hasAuthorship W3124429902A5076859221 @default.
- W3124429902 hasConcept C10138342 @default.
- W3124429902 hasConcept C149782125 @default.
- W3124429902 hasConcept C162324750 @default.
- W3124429902 hasConcept C174106034 @default.
- W3124429902 hasConcept C178350159 @default.
- W3124429902 hasConcept C183582576 @default.
- W3124429902 hasConcept C199360897 @default.
- W3124429902 hasConcept C2778083465 @default.
- W3124429902 hasConcept C2779312582 @default.
- W3124429902 hasConcept C41008148 @default.
- W3124429902 hasConcept C556758197 @default.
- W3124429902 hasConcept C75949130 @default.
- W3124429902 hasConceptScore W3124429902C10138342 @default.
- W3124429902 hasConceptScore W3124429902C149782125 @default.
- W3124429902 hasConceptScore W3124429902C162324750 @default.
- W3124429902 hasConceptScore W3124429902C174106034 @default.
- W3124429902 hasConceptScore W3124429902C178350159 @default.
- W3124429902 hasConceptScore W3124429902C183582576 @default.
- W3124429902 hasConceptScore W3124429902C199360897 @default.
- W3124429902 hasConceptScore W3124429902C2778083465 @default.
- W3124429902 hasConceptScore W3124429902C2779312582 @default.
- W3124429902 hasConceptScore W3124429902C41008148 @default.
- W3124429902 hasConceptScore W3124429902C556758197 @default.
- W3124429902 hasConceptScore W3124429902C75949130 @default.
- W3124429902 hasLocation W31244299021 @default.
- W3124429902 hasOpenAccess W3124429902 @default.
- W3124429902 hasPrimaryLocation W31244299021 @default.
- W3124429902 hasRelatedWork W1549882315 @default.
- W3124429902 hasRelatedWork W1584914921 @default.
- W3124429902 hasRelatedWork W1738242548 @default.
- W3124429902 hasRelatedWork W2014671970 @default.
- W3124429902 hasRelatedWork W2075709010 @default.
- W3124429902 hasRelatedWork W2169158277 @default.
- W3124429902 hasRelatedWork W2238384247 @default.
- W3124429902 hasRelatedWork W2275108458 @default.
- W3124429902 hasRelatedWork W2465926045 @default.
- W3124429902 hasRelatedWork W2550830456 @default.
- W3124429902 hasRelatedWork W2601561501 @default.
- W3124429902 hasRelatedWork W3049307044 @default.
- W3124429902 hasRelatedWork W3088588205 @default.
- W3124429902 hasRelatedWork W3093896036 @default.
- W3124429902 hasRelatedWork W3121992050 @default.
- W3124429902 hasRelatedWork W3122910110 @default.
- W3124429902 hasRelatedWork W3123763210 @default.
- W3124429902 hasRelatedWork W3124405310 @default.
- W3124429902 hasRelatedWork W3125853035 @default.
- W3124429902 hasRelatedWork W3126014896 @default.
- W3124429902 isParatext "false" @default.
- W3124429902 isRetracted "false" @default.
- W3124429902 magId "3124429902" @default.
- W3124429902 workType "article" @default.