Financial Intermediation and the Costs of Trading in an Opaque Market
By Richard Green, Burton Hollifield, N. Schürhoff. 2005
350 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/6dfd484e20d9f6ba010a8439cbd25145807d8550
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Ricardo Lagos
- Guillaume Rocheteau
- Amy K. Edwards
- Lawrence E. Harris
- Michael S. Piwowar
- Larry Fauver
- Alexander W. Butler
- Sandra C. Mortal
In Finance
- Amy K. Edwards
- Guillaume Rocheteau
- Lawrence E. Harris
- Michael S. Piwowar
- Ricardo Lagos
- Larry Fauver
- Alexander W. Butler
- Sandra C. Mortal
Citations in the corpus
- Liquidity in asset markets with search frictions (2007, background): “As for those investors who have met a dealer this “instant,” we see from (19) and (20) that nji (0, t) = 0 for i 6= j and nii (0, t) = ni (t).”
- Asset Price Dynamics with Slow-Moving Capital (2010, background): “…in the degree of heterogeneity across investors of execution prices, is given in various settings by Ashcraft and Duffie (2007), Goldstein, Hotchkiss, and Sirri (2007), Green, Hollifield, and Schürhoff (2007b), Green, Hollifield, and Schürhoff (2007a), and Green, Li, and Schürhoff (2008).”
- The Same Bond at Different Prices: Identifying Search Frictions and Selling Pressures (2012, neutral): “…given point in time are dispersed and that bid-ask spreads decrease in trade size and overwhelming support is found for the municipal bond market in Green, Hollifield, and Schürhoff (2007b), Green, Hollifield, and Schürhoff (2007a), Harris and Piwowar (2006), the corporate bond market in…”
- Corporate Bond Market Transparency and Transaction Costs (2004, background): “Further, a non-trading day in corporate bonds may not necessarily reflect transaction costs 5 See also Green, Hollifield, and Schürhoff (2004) and Kalimpalli and Warga (2002).”
- Corruption, Political Connections, and Municipal Finance (2009, background): “…the interested reader to Nanda and Singh (2004) for a comprehensive discussion of bond insurance for municipals, and Harris and Piwowar (2006) and Green, Hollifield, and Schurhoff (2007) for additional general details on the municipal market, and on secondary market trading of municipal bonds.”