Who Participates in Risk Transfer Markets? The Role of Transaction Costs and Counterparty Risk
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- Jean-Sébastien Fontaine & Héctor Pérez Saiz & Joshua Slive, 2012. "When Lower Risk Increases Profit: Competition and Control of a Central Counterparty," Staff Working Papers 12-35, Bank of Canada.
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More about this item
Keywords
risk transfer; transaction costs; counterparty risk; transaction taxes;All these keywords.
JEL classification:
- G00 - Financial Economics - - General - - - General
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
- G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CTA-2012-06-25 (Contract Theory and Applications)
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