Showing 1 - 10 of 1,287
Persistent link: https://www.econbiz.de/10004821788
Persistent link: https://www.econbiz.de/10004801944
This paper investigates the political economy of FEMA’s post-9/11 merger with the Department of Homeland Security. Using panel data for the post-DHS merger but pre-Katrina period, we examine how FEMA’s much-debated reorganization has impacted the strong political influences on disaster...
Persistent link: https://www.econbiz.de/10008509487
Persistent link: https://www.econbiz.de/10004863452
Resilience against infrastructure failure is essential for ensuring the health and safety of communities during and following natural hazard situations. Understanding how natural hazards impact society in terms of economic cost, recovery time, and damages to critical infrastructure is essential...
Persistent link: https://www.econbiz.de/10012052024
best prices, as well as resiliency, i.e. how fast the different liquidity measures recover after a liquidity shock. Our …
Persistent link: https://www.econbiz.de/10010303701
(which are exogenous events because they originate outside of the market). We find that resiliency after large transactions …
Persistent link: https://www.econbiz.de/10010306859
We examine the dynamics of the limit order book recovery in the purely order-driven markets. The configuration of the current limit placements in the order book determines the costs over the mid-quote for the buy and sell trades. By analyzing the relationship between the costs of the possible...
Persistent link: https://www.econbiz.de/10011444403
of global equity limit order markets. Taking market resiliency as an indicator of market quality, we investigate how …
Persistent link: https://www.econbiz.de/10012300782
This paper investigates resiliency to provide a dynamic perspective on liquidity. We define resiliency as the rate of … mean reversion in liquidity. Resiliency increases with the proportion of patient traders, decreases with order arrival rate …, and increases with tick size; providing strong support for the Foucault, Kadan, and Kandel (2005) model. Resiliency is …
Persistent link: https://www.econbiz.de/10010484696