Results 11 to 20 of about 3,784,465 (292)
Stock Market Volatility, Risk Attitude and the Demand for Money in the UK [PDF]
, 2014 Is stock market volatility an important determinant of money demand in the UK? If yes, what is the driving force behind that effect? In a cointegration framework, we find that volatility in share prices is an important positive determinant of money ...
Bissoondeeal, R. +4 more
core +7 more sources
Money Market Integration [PDF]
IMF Working Papers, 2005 We use transaction-level data and detailed modeling of the high-frequency behavior of federal funds-Eurodollar yield spreads to provide evidence of strong integration between the federal funds and Eurodollar markets, the two core components of the dollar money market.
Leonardo Bartolini +2 more
openaire +4 more sources
Money Pumps in the Market [PDF]
Journal of the European Economic Association, 2008 Agents who employ non-rational choice procedures are often vulnerable to exploitation, in the sense that a profit-seeking trader can offer them a harmful transaction which they will nevertheless accept. We examine the vulnerability of a procedure for deciding whether to buy a lottery: observe another agent who already bought it and buy the lottery if ...
Ariel Rubinstein, Rani Spiegler
openaire +2 more sources
, 2010 This paper identifies simple conditions for monotone comparative statics of a unique equilibrium in the Akerlof-Wilson model. Separate conditions apply to trade volume and price. Trade volume increases when supply becomes both stronger and more elastic. In contrast, price decreases when supply becomes both stronger and less elastic.
Ewerhart, Christian, Feubli, Patricia
openaire +2 more sources
Money, Banking and Financial Markets [PDF]
The Review of Economic Studies, 2017 AbstractThe fact that money, banking, and financial markets interact in important ways seems self-evident. The theoretical nature of this interaction, however, has not been fully explored. To this end, we integrate the Diamond (1997, Journal of Political Economy105, 928–956) model of banking and financial markets with the Lagos and Wright (2005 ...
David Andolfatto +2 more
openaire +5 more sources
Should There Be Intraday Money Markets? [PDF]
Contemporary Economic Policy, 2008 In this paper, we consider the case for an intraday market for reserves. We discuss the separate roles of intraday and overnight reserves and argue that an intraday market could be organized in the same way as the overnight market. We present arguments for and against a market for intraday reserves when the marginal cost of overnight reserves is ...
Antoine Martin, James J. McAndrews
openaire +3 more sources
The Impact of Global Capital Flows on Firms’ Performance: Evidence from Turkey
İstanbul Gelişim Üniversitesi Sosyal Bilimler Dergisi, 2018 In the globalizing world, the impact of international capital flows on the economies is increasing day by day. Firms, the smallest units in the economy, are directly affected by developments.
Mehmet Sabri Topak +1 more
doaj +1 more source
Manipulation in Money Markets [PDF]
, 2006 Interest rate derivatives are among the most actively traded financial instruments in the main currency areas. With values of positions reacting immediately to the underlying index of daily interbank rates, manipulation has become an increasing challenge for the operational implementation of monetary policy.
Ewerhart, Christian +3 more
openaire +4 more sources
PSL Quarterly Review, 2014 The article presents a picture of banking organisation in India where commercial banks of the Western type are operating side by side with institutions which derive from indigenous banking practice with a tradition going back many hundreds of years.
J.S.G. WILSON
doaj +1 more source
PSL Quarterly Review, 2013 This work represents an in-depth overview of the present make-up of the Indian money market, an analysis of its recent development and the future direction it may go in.
J.S.G. WILSON
doaj +1 more source