Nicolas Figueroa, Nicolas Inostroza Apr 26,2023
Working Paper No.00097-00
A liquidity-constrained asset owner designs an asset-backed security to raise funds from an informed liquidity supplier. Information insensitive securities reduce... Read More
Nicolas Inostroza Apr 26,2023
Working Paper No.00098-00
How much information about financial institutions' balance sheets should regulators pass on to the market? To minimize the probability of... Read More
Nicolas Inostroza Apr 26,2023
Working Paper No.00098-00
How much information about financial institutions' balance sheets should regulators pass on to the market? To minimize the probability of... Read More
christoph frei, Joshua Mollner , Markus Baldauf Apr 26,2023
Working Paper No.00095-00
We study the optimal execution problem in a principal-agent setting. A client (e.g., a pension fund, endowment, or other institution)... Read More
Bart Yueshen Zhou, Joshua Mollner , Markus Baldauf Apr 26,2023
Working Paper No.00094-00
We study liquidity provision in fragmented markets. Market makers intermediate heterogeneous order flows, trading off expected spread revenue against inventory... Read More
Bart Yueshen Zhou, Joshua Mollner , Markus Baldauf Apr 26,2023
Working Paper No.00094-00
We study liquidity provision in fragmented markets. Market makers intermediate heterogeneous order flows, trading off expected spread revenue against inventory... Read More
Yu An Apr 30,2023
Working Paper No.00099-00
I introduce a new approach, model, and definition for analyzing demand effects in asset pricing. My approach generalizes arbitrage pricing,... Read More
Yu An Apr 30,2023
Working Paper No.00099-00
I introduce a new approach, model, and definition for analyzing demand effects in asset pricing. My approach generalizes arbitrage pricing,... Read More
Siguang Li, Lin William Cong (叢林) May 22,2023
Working Paper No.00101-00
With the rise of social media and streaming platforms, firms and brand-owners increasingly depend on influencers to attract consumers, who... Read More
Siguang Li, Lin William Cong (叢林) May 22,2023
Working Paper No.00101-00
With the rise of social media and streaming platforms, firms and brand-owners increasingly depend on influencers to attract consumers, who... Read More