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Why did the banks overbid? An empirical model of the fixed rate tenders of the European Central Bank Author info | Abstract | Publisher info | Download info | Related research | Statistics Ayuso, Juan
Repullo, Rafael
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Article provided by Elsevier in its journal Journal of International Money and Finance .
Volume (Year): 20 (2001)
Issue (Month): 6 (November)
Pages: 857-870
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Handle: RePEc:eee:jimfin:v:20:y:2001:i:6:p:857-870Contact details of provider: Web page: http://www.elsevier.com/locate/inca/30443
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Hamilton, James D, 1996.
"The Daily Market for Federal Funds ,"
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Other versions: Campbell, John Y, 1987.
"Money Announcements, the Demand for Bank Reserves, and the Behavior of the Federal Funds Rate within the Statement Week ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 19(1), pages 56-67, February.
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Other versions: Breitung, Jorg & Nautz, Dieter, 2001.
"The empirical performance of the ECB's repo auctions: evidence from aggregated and individual bidding data ,"
Journal of International Money and Finance ,
Elsevier, vol. 20(6), pages 839-856, November.
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Juan Ayuso & Rafael Repullo, 2003.
"A Model of the Open Market Operations of the European Central Bank ,"
Economic Journal ,
Royal Economic Society, vol. 113(490), pages 883-902, October.
[Downloadable!] (restricted)
Other versions:
Ayuso, Juan & Repullo, Rafael, 2000.
"A Model of the Open Market Operations of the European Central Bank ,"
CEPR Discussion Papers
2605, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Juan Ayuso & Rafael Repullo, 2000.
"A Model of the Open Market Operations of the European Central Bank ,"
Banco de España Working Papers
0016, Banco de España.
[Downloadable!] Ayuso, J. & Repullo, R., 2000.
"A Model of the Open Market Operations of the European Central Bank ,"
Papers
0011, Centro de Estudios Monetarios Y Financieros-.
D. Nautz & J. Oechssler, .
"The Repo Auctions of the European Central Bank and the Vanishing Quota Puzzle ,"
Sonderforschungsbereich 373
1999-79, Humboldt Universitaet Berlin.
Other versions:
Dieter Nautz & Jörg Oechssler, 2001.
"The Repo Auctions of the European Central Bank and the Vanishing Quota Puzzle ,"
Bonn Econ Discussion Papers
bgse9_2001, University of Bonn, Germany.
[Downloadable!] Dieter Nautz & Jörg Oechssler, 2003.
"The Repo Auctions of the European Central Bank and the Vanishing Quota Puzzle ,"
Scandinavian Journal of Economics ,
Blackwell Publishing, vol. 105(2), pages 207-220, 06.
[Downloadable!] (restricted)
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Ulrich Bindseil, 2002.
"Equilibrium bidding in the Eurosystem's open market operations ,"
Working Paper Series
137, European Central Bank.
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Leonardo Bartolini & Alessandro Prati, 2003.
"The execution of monetary policy: a tale of two central banks ,"
Staff Reports
165, Federal Reserve Bank of New York.
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Other versions: Nautz, Dieter & Linzert, Tobias & Breitung, Jörg, 2003.
"Bidder Behavior in Repo Auctions without Minimum Bid Rate: Evidence from the Bundesbank ,"
Discussion Paper Series 1: Economic Studies
2003,13, Deutsche Bundesbank, Research Centre.
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Other versions: Ulrike Neyer & Jürgen Wiemers, 2004.
"The Influence of a Heterogeneous Banking Sector on the Interbank Market Rate in the Euro Area ,"
Swiss Journal of Economics and Statistics (SJES) ,
Swiss Society of Economics and Statistics (SSES), vol. 140(III), pages 395-428, September.
[Downloadable!]
Flemming Reinhardt Würtz, 2003.
"A comprehensive model on the Euro overnight rate ,"
Working Paper Series
207, European Central Bank.
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Ulrich Bindseil & Tobias Linzert & Dieter Nautz, 2004.
"The longer term refinancing operations of the ECB ,"
Working Paper Series
359, European Central Bank.
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Jürgen Wiemers & Ulrike Neyer, 2003.
"Why do we have an interbank money market? ,"
IWH Discussion Papers
182, Halle Institute for Economic Research.
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Christian Ewerhart & Nuno Cassola & Natacha Valla, 2005.
"Equilibrium and inefficiency in fixed rate tenders ,"
Working Paper Series
554, European Central Bank.
[Downloadable!]
Giuseppe Bruno & Ernesto Maurizio Ordine & Antonio Scalia, 2005.
"BanksÂ’ participation in the Eurosystem auctions and money market integration ,"
Temi di discussione (Economic working papers)
562, Bank of Italy, Economic Research Department.
[Downloadable!]
Josep Pijoan-Mas, 2003.
"Precautionary Savings Or Working Longer Hours? ,"
Working Papers
wp2003_0311, CEMFI.
[Downloadable!]
Other versions:
Josep Pijoan-Mas, 2004.
"Precautionary Savings or Working Longer Hours? ,"
2004 Meeting Papers
350, Society for Economic Dynamics.
[Downloadable!] Pijoan-Mas, Josep, 2005.
"Precautionary Savings or Working Longer Hours? ,"
CEPR Discussion Papers
5322, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Josep Pijoan-Mas, 2006.
"Precautionary Savings or Working Longer Hours? ,"
Review of Economic Dynamics ,
Elsevier for the Society for Economic Dynamics, vol. 9(2), pages 326-352, April.
[Downloadable!] (restricted)
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