Frictional Intermediation in Over-the-Counter Markets

DOI10.1093/restud/rdz037zbMath1460.91260OpenAlexW2888821585MaRDI QIDQ5856533

Benjamin Lester, Pierre-Olivier Weill, Julien Hugonnier

Publication date: 26 March 2021

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://economicdynamics.org/meetpapers/2019/paper_327.pdf

zbMATH Keywords

heterogeneous agentsbargainingsearch frictionsover-the-counter marketsintermediation chains

Mathematics Subject Classification ID

Heterogeneous agent models (91B69) Financial markets (91G15)

Related Items (5)

Traditional and digital currencies in over-the-counter markets ⋮ Heterogeneity in decentralized asset markets ⋮ Market-making with search and information frictions ⋮ Liquidity misallocation in an over-the-counter market ⋮ Credit frictions and participation in over-the-counter markets

This page was built for publication: Frictional Intermediation in Over-the-Counter Markets