Book Details

The Microstructure of European Bond Markets

Publish Date: 2006

ISBN: 978-3-8350-9268-6

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The volumes outstanding in bond markets are by far larger than in equity markets. Despite this fact, research on the microstructure of financial markets is mainly focused on equity markets. Because of the differences between bond and equity markets, theoretical as well as empirical results from equity markets cannot be transferred to bond markets.

Subject: Business and Economics, Anleihenmärkte, Kointegration, Marktmikrostrukturtheorie, Multiple Dealer Märkte, Transaktionskosten, liquidity