of arbitrage opportunities from this market while maintaining the market's diversity …

funds. Seemingly long-term debt capital became short-term capital creating a large mismatch in the duration of arbitrage …

This paper studies the general equilibrium implications of arbitrage trades in segmented financial markets …

Empirical modeling of the yield curve is often inconsistent with absence of arbitrage. In fact, many parsimonious … models, like the popular Nelson-Siegel model, are inconsistent with absence of arbitrage. In other cases, arbitrage … introduces an arbitrage smoothing device to control arbitrage errors that arise in fitting a sequence of yield curves. The device …

The no arbitrage conditions are derived in the explicit form for the market, where the zero coupons bonds of various … assets is extended on case of any number of assets and inflation. The no arbitrage condition for multi-factor models of a … obtained at first, and then for want of it fulfillment the no arbitrage condition is derived …

significantly reduce the potential arbitrage profits. Positive shocks to market-wide liquidity reduce arbitrage costs and accelerate …

When a corporation is making financing decisions, accounting/regulatory arbitrage and tax arbitrage are important … through an operating lease. In this paper, the transaction is analysed as a case study to illustrate that tax arbitrage and … accounting regulatory arbitrage are not separate considerations in the financing decision-making process. Therefore, regulators …