off-exchange markets. In order to price such derivative assets, underlying rate and price indexes are routinely sampled …

Firms active in OTC derivative markets increasingly use margin agreements to reduce counterparty credit risk. Making …

observed in the market. Many theories predict that hot IPO markets are characterized by clusters of firms in particular …. We compare firms that go public in a number of hot and cold markets during 1975- 2000, examining them at the time of the … narrow set of industries and hot markets for many industries occur at the same time. We also find few distinctions in quality …

of banking competition and simultaneously estimate bank conduct in output (loan) and input (deposit) markets. Our results … suggest that firms display some degree of non-competitive behavior in both the loan and the deposit markets. Moreover, we find …