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60 pages • paperback • 15 editions
ISBN/UID: 9781288704217
Format: Paperback
Language: English
Publisher: Bibliogov
Edition Pub Date: 05 Feb 2013
Description
We study the fragility of discretionary liquidity provision by major financial intermediaries during systemic events. The laboratory of our study is the recent collapse of the auction rate securities (ARS) market. Using a comprehensive dataset con...
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60 pages • paperback
ISBN/UID: 9781288704217
Format: Paperback
Language: English
Publisher: Bibliogov
Edition Pub Date: 05 Feb 2013
Description
We study the fragility of discretionary liquidity provision by major financial intermediaries during systemic events. The laboratory of our study is the recent collapse of the auction rate securities (ARS) market. Using a comprehensive dataset con...