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Empirical market microstructure : the institutions, economics and econometrics of securities trading / Joel Hasbrouck.

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Lippincott Library HG4521 .H353 2007
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Format:
Book
Author/Creator:
Hasbrouck, Joel.
Language:
English
Subjects (All):
Securities.
Securities--Prices.
Investments--Mathematical models.
Investments.
Stock exchanges--Mathematical models.
Stock exchanges.
Physical Description:
ix, 198 pages : illustrations ; 25 cm
Place of Publication:
Oxford ; New York : Oxford University Press, 2007.
Contents:
Introduction
Trading mechanisms
The roll model of trade prices
Univariate time-series analysis
Sequential trade models
Order flow and the probability of informed trading
Strategic trade models
A generalized roll model
Multivariate linear microstructure models
Multiple securities and multiple prices
Dealers and their inventories
Limit order markets
Depth
Trading costs : retrospective and comparative
Prospective trading costs and execution strategies.
Univariate time series analysis
Order flow and the probability of informed trading (PIN)
A generalized roll model of trade prices
Notes:
Includes bibliographical references (pages 183-195) and index.
ISBN:
0195301641
OCLC:
63472962

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