James Dow , Jungsuk Han Francesco Sangiorgi Jun 24,2024
Working Paper No.00140-00
Will arbitrage capital flow into markets experiencing shocks, mitigating adverse effects on price efficiency? Not necessarily. In a dynamic model... Read More
Xiaohong Huang,Siguang Li,Jian Ni, Lin William Cong (叢林) Nov 21,2024
Working Paper No.00143-00
We revisit the relationship between firm competition and real efficiency in a novel setting with informational feedback from financial markets.... Read More
Batchimeg Sambalaibat Jul 07,2021
Working Paper No.00072-00
I build a search model of bond and credit default swap (CDS) markets with endogenous investor participation and show that... Read More