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This paper considers the role of foreign investors in developed-country equity markets. It presents a quantitative model of trading that is built around two new assumptions: (i) both the foreign and domestic investor populations contain investors of different sophistication, and (ii) investor...
Persistent link: https://www.econbiz.de/10009636533
"The study was commissioned by DG XIII of the European Commission in support of the reporting on Directive 95/47 on the use of standards for the transmission of television signals. Its objective is to provide market data and to monitor the development of digital TV in the 15 countries of the...
Persistent link: https://www.econbiz.de/10009641025
integrating the two companies started in September 2005. On 13 October 2006, the Allianz-RAS merger was registered and Allianz …
Persistent link: https://www.econbiz.de/10011902458
The European Foundation for the Improvement of Living and Working Conditions organised a seminar for its company network on November 29-30, 2007, hosted by Santander at its corporate headquarters in Madrid, Spain. In intensive discussions over the two days, 32 representatives from companies,...
Persistent link: https://www.econbiz.de/10009638487
The European Foundation for the Improvement of Living and Working Conditions organised a seminar for its company network on November 29u009630, 2007, hosted by Santander at its corporate headquarters in Madrid, Spain. In intensive discussions over the two days, 32 representatives from companies,...
Persistent link: https://www.econbiz.de/10009638489
The European Foundation for the Improvement of Living and Working Conditions organised a seminar for its company network on November 29u009630, 2007, hosted by Santander at its corporate headquarters in Madrid, Spain. In intensive discussions over the two days, 32 representatives from companies,...
Persistent link: https://www.econbiz.de/10009638490
The European Foundation for the Improvement of Living and Working Conditions organised a seminar for its company network on November 29u009630, 2007, hosted by Santander at its corporate headquarters in Madrid, Spain. In intensive discussions over the two days, 32 representatives from companies,...
Persistent link: https://www.econbiz.de/10009638491
The European Foundation for the Improvement of Living and Working Conditions organised a seminar for its company network on November 29u009630, 2007, hosted by international bank Santander at its corporate headquarters in Madrid, Spain. In intensive discussions over the two days, 32...
Persistent link: https://www.econbiz.de/10009638492
Persistent link: https://www.econbiz.de/10009638936
information, there is no mechanism that achieves the merger of the vertical silos in a way that trading and settlement are … produced efficiently after the merger. Furthermore, we show that such an ex-post efficient merger can always be implemented by …
Persistent link: https://www.econbiz.de/10009639429