The search theory of OTC markets /

I review the recent literature that applies search-and-matching theory to the study of Over-the-Counter (OTC) financial markets. I formulate and solve a simple model in order to illustrate the typical assumptions and economic forces at play in existing work. I then offer thematic tours of the litera...

Ausführliche Beschreibung

Gespeichert in:
1. Verfasser:
Weill, Pierre-Olivier
Körperschaft:
National Bureau of Economic Research
Format:
Elektronisch E-Book
Sprache:
Englisch
Veröffentlicht:
Cambridge, Mass. National Bureau of Economic Research 2020.
Zusammenfassung:
I review the recent literature that applies search-and-matching theory to the study of Over-the-Counter (OTC) financial markets. I formulate and solve a simple model in order to illustrate the typical assumptions and economic forces at play in existing work. I then offer thematic tours of the literature and, in the process, discuss avenues for future research.
Umfang:
1 online resource: illustrations (black and white);
Anmerkungen:
June 2020.
Schlagworte: