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The Economics of Treasury Securities Markets

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Author Info
Bikhchandani, Sushil
Huang, Chi-fu

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Publisher Info
Article provided by American Economic Association in its journal Journal of Economic Perspectives.

Volume (Year): 7 (1993)
Issue (Month): 3 (Summer)
Pages: 117-34
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Handle: RePEc:aea:jecper:v:7:y:1993:i:3:p:117-34

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  1. Cassola, N. & Ewerhart , C. & Valla, N., 2006. "Declining Valuations and Equilibrium Bidding Central Bank Refinancing Operations," Documents de Travail 151, Banque de France. [Downloadable!]
  2. Rocholl, Jörg, 2005. "Discriminatory auctions with seller discretion : evidence from German treasury auctions," Discussion Paper Series 1: Economic Studies 2005,15, Deutsche Bundesbank, Research Centre. [Downloadable!]
  3. Ping Zhang, 2005. "Uniform Price Auction and Fixed Price Offerings in IPO: An Experimental Comparison," Discussion Papers 2005-20, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham. [Downloadable!]
  4. Daniel C. Hardy, 2001. "Profitability and Pricing in Treasury Bill Auctions: Evidence from Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 40(1), pages 27-48. [Downloadable!]
  5. Ping Zhang, 2006. "Uniform price auctions and fixed price offerings in IPOs: an experimental comparison," Discussion Papers 2006-05, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham. [Downloadable!]
  6. Steven Lippman & Sheldon Ross, 2008. "Variability is beneficial in marked stopping problems," Economic Theory, Springer, vol. 35(2), pages 333-342, May. [Downloadable!] (restricted)
  7. Ping Zhang, 2008. "Uniform Price Auctions and Fixed Price Offerings in IPOs: An Experimental Comparison," Discussion Papers 2008-05, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham. [Downloadable!]
  8. Alex Stomper & Wolfgang Aussenegg & Pegaret Pichler, 2004. "IPO Pricing with Bookbuilding and a When-Issued Market," Working Papers 2004.8, Fondazione Eni Enrico Mattei. [Downloadable!]
  9. Keunkwan Ryu & Gyung-Rok Kim & Seonghwan Oh, 2004. "Discriminatory vs Uniform Price Auction: Auction Revenue," Econometric Society 2004 Far Eastern Meetings 539, Econometric Society. [Downloadable!]
  10. Olivier Armantier and Erwann Sbai, 2003. "Estimation and Comparison of Treasury Auction Formats when Bidders are Asymmetric," Department of Economics Working Papers 03-02, Stony Brook University, Department of Economics. [Downloadable!]
  11. Ping Zhang, 2009. "Uniform price auctions and fixed price offerings in IPOs: an experimental comparison," Experimental Economics, Springer, vol. 12(2), pages 202-219, June. [Downloadable!] (restricted)
  12. Goldreich, David, 2003. "Underpricing in Discriminatory and Uniform-Price Treasury Auctions," CEPR Discussion Papers 4105, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  13. Sara Castellanos, 2001. "A New Empirical Study of the Mexican Treasury Securities Primary Auctions: Is there more underpricing?," Levine's Working Paper Archive 625018000000000206, David K. Levine. [Downloadable!]
  14. Han, Bing & Longstaff, Francis A. & Merrill, Craig, 2005. "The Cherry-Picking Option in the U.S. Treasury Buyback Auctions," Working Paper Series 2004-23, Ohio State University, Charles A. Dice Center for Research in Financial Economics. [Downloadable!]
  15. Christian Ewerhart & Nuno Cassola & Natacha Valla, 2006. "Declining valuations and equilibrium bidding in central bank refinancing operations," Working Paper Series 668, European Central Bank. [Downloadable!]
    Other versions:
  16. Sara Castellanos, 2001. "Mexican treasury securities primary auctions," Theory workshop papers 357966000000000025, UCLA Department of Economics. [Downloadable!]
  17. Timothy N. Cason & Lata Gangadharan, 2003. "A Laboratory Comparison Of Uniform And Discriminative Price Auctions Forreducing Non-Point Source Pollution," Department of Economics - Working Papers Series 882, The University of Melbourne. [Downloadable!]
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  18. S. Müller, . "Auctions," Sonderforschungsbereich 373 2000-72, Humboldt Universitaet Berlin.
  19. David S. Salkever & Richard G. Frank, 1995. "Economic Issues in Vaccine Purchase Arrangements," NBER Working Papers 5248, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  20. Alex Stomper & Pegaret Pichler, 2004. "Primary Market Design: Direct Mechanisms and Markets," Working Papers 2004.9, Fondazione Eni Enrico Mattei. [Downloadable!]
  21. Jackson, Matthew O. & Kremer, Ilan, 2002. "On the Concentration of Allocations and Comparisons of Auctions in Large Economies," Working Papers 1146, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
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  22. Hoidal Bjonnes, Geir, 2001. "Winner's Curse in Discriminatory Price Auctions: Evidence from the Norwegian Treasury Bill Auctions," SIFR Research Report Series 3, Institute for Financial Research. [Downloadable!]
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