Abstract
In this survey, I review the theoretical foundations and empirical evidence on the effects—both positive and negative—of requiring traders to post higher margins. The results reviewed here are interesting on their own and shed light on the roles played by investors’ leverage in financial markets.
| Original language | English |
|---|---|
| Title of host publication | Liquidity and market efficiency alive and well? |
| Editors | Esa Jokivuolle, Jouko Vilmunen |
| Place of Publication | Vienna |
| Publisher | Larcier |
| Pages | 9-19 |
| Number of pages | 11 |
| ISBN (Electronic) | 978-3-902109-78-1 |
| Publication status | Published - 2015 |
| MoE publication type | B3 Non-refereed conference publication |
| Event | SUERF-Bank of Finland Conference: Liquidity and Market Efficiency – Alive and Well? - Helsinki, Finland Duration: 3 Jul 2015 → 3 Jul 2015 Conference number: 6 |
Conference
| Conference | SUERF-Bank of Finland Conference |
|---|---|
| Country/Territory | Finland |
| City | Helsinki |
| Period | 03/07/2015 → 03/07/2015 |