Three major liquidity crises shown as spikes in the provision of dollars from the Federal Reserve. The 2012 sovereign debt crisis is dwarfed by the 2008 crisis and the covid effect on financial markets
New working paper: Dealer Costs and Customer Choice, with Lucas Dyskant and Bruno Sultanum
We analyze the effects of the Volcker rule with a search model in over-the-counter markets
We explain changes in liquidity provision and indicate the possibility of crises
drive.google.com/file/d/1RTut...
Mentoring program - great initiative of the Econometric Society www.econometricsociety.org/mentoring-pr...