The search theory of OTC markets

Pierre-Olivier Weill

No 27354, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: I review the recent literature that applies search-and-matching theory to the study of Over-the-Counter (OTC) financial markets. I formulate and solve a simple model in order to illustrate the typical assumptions and economic forces at play in existing work. I then offer thematic tours of the literature and, in the process, discuss avenues for future research.

JEL-codes: G0 G12 (search for similar items in EconPapers)
Date: 2020-06
New Economics Papers: this item is included in nep-fmk and nep-ore
Note: AP EFG
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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Working Paper: The search theory of OTC markets (2020)
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