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The search theory of OTC markets / Pierre-Olivier Weill.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Weill, Pierre-Olivier.
Contributor:
National Bureau of Economic Research.
Series:
Working Paper Series (National Bureau of Economic Research) no. w27354.
NBER working paper series no. w27354
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2020.
Summary:
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.
Notes:
Print version record
June 2020.

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