Showing 1 - 10 of 37
Persistent link: https://www.econbiz.de/10000827879
Persistent link: https://www.econbiz.de/10000810301
Persistent link: https://www.econbiz.de/10000881650
Persistent link: https://www.econbiz.de/10003418285
Persistent link: https://www.econbiz.de/10003408553
Persistent link: https://www.econbiz.de/10003409692
Persistent link: https://www.econbiz.de/10003446437
Persistent link: https://www.econbiz.de/10008904175
There has been a long debate about whether speculators are stabilizing or not. We consider a model where speculators have a stabilizing role in normal times, but may also provoke large risk panics. The very feature that makes arbitrageurs liquidity providers in normal times, namely their...
Persistent link: https://www.econbiz.de/10008905464
Persistent link: https://www.econbiz.de/10003991187