Review of Economic Dynamics,  July 2019

Green Table of Contents

 

RED Special Issue on Fragmented Financial Markets: An Introduction

Benjamin Lester, Pierre-Olivier Weill, Ariel Zetlin-Jones

Pages 1-3

 

 

 

Asset issuance in over-the-counter markets

Zachary Bethune, Bruno Sultanum, Nicholas Trachter

Pages 4-29

 

Link to Preprint

 

A theory of repurchase agreements, collateral re-use, and repo intermediation

Piero Gottardi, Vincent Maurin, Cyril Monnet

Pages 30-56

 

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Bid-ask spreads and the over-the-counter interdealer markets: Core and peripheral dealers

Artem Neklyudov

Pages 57-84

 

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Posted prices, search and bargaining

Derek Stacey

Pages 85-104

 

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Costs and benefits of dynamic trading in a lemons market

William Fuchs, Andrzej Skrzypacz

Pages 105-127

 

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Latency in fragmented markets

Tomy Lee

Pages 128-153

 

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Efficiency and information transmission in bilateral trading

Robert Shimer, Iv‡n Werning

Pages 154-176

 

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A model of the federal funds market: Yesterday, today, and tomorrow

Gara Afonso, Roc Armenter, Benjamin Lester

Pages 177-204

 

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A monetary model of bilateral over-the-counter markets

Ricardo Lagos, Shengxing Zhang

Pages 205-227

 

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The use of collateral in bilateral repurchase and securities lending agreements

V. Baklanova, C. Caglio, M. Cipriani, A. Copeland

Pages 228-249

 

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The microstructure of the bond market in the 20th century

Bruno Biais, Richard Green

Pages 250-271

 

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Over-the-counter market liquidity and securities lending

Nathan Foley-Fisher, Stefan Gissler, Stˇphane Verani

Pages 272-294

 

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