Showing 1 - 8 of 8
Market makers on financial markets often act as competitiors and step into cooperations with each other at the same time. Primarily, they quote prices for investors, thus providing liquidity on the customer market. But they also trade with each other in order to reduce their inventory risk. The...
Persistent link: https://www.econbiz.de/10011444420
This survey reviews the economic thoughts about what and why do institutional market players lose because of the existing market frictions and particular financial market microstructures compared to walrasian markets. Within a unified microeconomic framework, we introduce the most common...
Persistent link: https://www.econbiz.de/10010494600
Market makers on financial markets often act as competitiors and step into cooperations with each other at the same time. Primarily, they quote prices for investors, thus providing liquidity on the customer market. But they also trade with each other in order to reduce their inventory risk. The...
Persistent link: https://www.econbiz.de/10010530069
This survey reviews the economic thoughts about what and why do institutional market players lose because of the existing market frictions and particular financial market microstructures compared to walrasian markets. Within a unified microeconomic framework, we introduce the most common...
Persistent link: https://www.econbiz.de/10010402552
Movements in the prices of different assets are likely to directly influence one another. This paper identifies the contemporaneous interactions between asset prices in U.S. financial markets by relying on the heteroskedasticity in their movements. In particular, we estimate a "structural-form...
Persistent link: https://www.econbiz.de/10005721119
In this paper we investigate the relationship between sustainability and economic growth starting from Stern (2006 …
Persistent link: https://www.econbiz.de/10010494609
In this paper we investigate the relationship between sustainability and economic growth starting from Stern (2006 …
Persistent link: https://www.econbiz.de/10010462537
, quality of life indicators and economic growth in the Italian regions. Previous studies stress the importance of institutional … literature, we consider a three-sector model of semi-endogenous growth with negative externalities depending on structural and … translation of innovation into economic growth. It is suggested that generating a development strategy designed to improve social …
Persistent link: https://www.econbiz.de/10009370176