We study the role of bargaining power and outside options with respect to the pricing of over-the-counter interbank … the euro-area interbank market. We find that lender banks with greater bargaining power over their borrowers charge higher … bilateral bargaining power, leading to a persistent segmentation of prices in the euro-area interbank market. We examine the …

We study the role of bargaining power and outside options for the pricing of over-the-counter interbank loans using a … market. We find that lender banks with greater bargaining power over their borrowers charge higher interest rates, while the … it crucially depends on their limited bilateral bargaining power, leading to a persistent segmentation of prices in the …

the intensity of holding gold is correlated with 'global power' - by the history of being a past empire, or by the sheer …

the intensity of holding gold is correlated with 'global power' - by the history of being a past empire, or by the sheer …