NAME
Pierre-Olivier Weill
INSTITUTION
UCLA
EMAIL
poweill@gmail.com
Incentive problems make securities’ payoffs imperfectly pledgeable, limiting agents’ ability to issue liabilities. We analyze the equilibrium consequences of such...
Should regulators encourage the migration of trade from over-the-counter (OTC) to centralized markets? To address this question, we study a...
Show Previous VersionsShould regulators encourage the migration of trade from over-the-counter (OTC) to centralized markets? To address this question, we consider a...
Should regulators encourage the migration of trade from over-the-counter (OTC) to centralized markets? To address this question, we consider a...