Kambhu, John (contributor) - 2004 - [Elektronische Ressource]
This paper examines how risk in trading activity can affect the volatility of asset prices. We look for this … that can amplify shocks in asset prices. In our analysis, we see empirical evidence of both stabilizing and destabilizing … swap spread tends to converge to a long-run level, although trading risk can sometimes cause the spread to diverge from …