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Bidding Behavior in Treasury Bill Auctions : Evidence From Pakistan
International Monetary Fund - 2000
profitability of auction participation, which was on average low and did not differ between types of bidders. Prices bid are found …
Persistent link: https://www.econbiz.de/10014399895
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Treasury Bill Auctions : Issues and Uses
Cottarelli, Carlo - 1994
We review the main issues that arise in the design of treasury bill auctions and survey the relevant empirical literature. We also provide a detailed description of the actual design of these auctions in a sample of 42 industrial and developing countries
Persistent link: https://www.econbiz.de/10014398289
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Auction Format Matters : Evidenceon Bidding Behavior and Seller Revenue
Feldman, Robert Alan - 1995
This paper evaluates the importance of auction format on bidding behavior and seller revenue, focusing on differences …
Persistent link: https://www.econbiz.de/10014398468
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Flexible Estimation of Demand Schedules and Revenue Under Different Auction Formats
Feldman, Robert Alan - 1995
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395968
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Scaling up climate mitigation policy in Germany
Black, Simon; Chen, Ruo; Mineshima, Aiko; Mylonas, Victor; … - 2021
Persistent link: https://www.econbiz.de/10012796678
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Destabilizing the global monetary system : Germany's adoption of the gold standard in the early 1870s
Wiegand, Johannes - 2019
In 1871-73, newly unified Germany adopted the gold standard, replacing the silver-based currencies that had been … block. Why did Germany switch to gold and set the train of destructive events in motion? Both a review of the … France, which would have severed the link between gold and silver currencies. Without reform, Germany would thus have risked …
Persistent link: https://www.econbiz.de/10012009318
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Automating the Price Discovery Process : Some International Comparisons and Regulatory Implications
Domowitz, Ian - 1992
Automated trade execution systems are examined with respect to the degree to which they automate the price discovery process. Seven levels of automation of price discovery are identified, and 47 systems are classified according to these criteria. Systems operating at various levels of automation...
Persistent link: https://www.econbiz.de/10014395803
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Cointegration of International Stock Market Indices
Chou, Ray Yeu-Tien - 1994
country stock price indices, including that of the United States, Canada, the United Kingdom, France, Germany, and Japan are …
Persistent link: https://www.econbiz.de/10014395829
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Military Expenditure : International Comparison of Trends
Hewitt, Daniel P. - 1991
This paper analyzes trends in world military expenditure by examining the shares of different country groups and the …
Persistent link: https://www.econbiz.de/10014398344
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Real and Nominal Exchange Rates in the Long Run
Adams, Charles - 1991
This paper decomposes longer-run movements in (major) dollar real exchange rates into components associated with changes in nominal exchange rates and price levels, and their comovements. Though the decompositions suggest some permanent movements, they imply that there are large transitory...
Persistent link: https://www.econbiz.de/10014398349