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Distribution of Illiquid Financial Products: The Case of Italy

Author

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  • Maurizio Polato
  • Josanco Floreani

Abstract

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Suggested Citation

  • Maurizio Polato & Josanco Floreani, 2010. "Distribution of Illiquid Financial Products: The Case of Italy," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 16(4), pages 848-859, February.
    • Handle: RePEc:spr:trstrv:v:16:y:2010:i:4:p:848-859
    DOI: 10.1007/s11300-009-0114-x
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    References listed on IDEAS

    as
    1. Jeffery D Amato & Eli M Remolona, 2003. "The credit spread puzzle," BIS Quarterly Review, Bank for International Settlements, December.
    2. Peter Hördahl & Frank Packer, 2007. "Understanding asset prices: an overview," BIS Papers, Bank for International Settlements, number 34.
    3. Francis A. Longstaff, 2004. "Financial Claustrophobia: Asset Pricing in Illiquid Markets," NBER Working Papers 10411, National Bureau of Economic Research, Inc.
    4. Bessembinder, Hendrik & Maxwell, William & Venkataraman, Kumar, 2006. "Market transparency, liquidity externalities, and institutional trading costs in corporate bonds," Journal of Financial Economics, Elsevier, vol. 82(2), pages 251-288, November.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Illiquid financial instruments; Otc markets; pricing; transparency; G11; G12; G21; G23;
    All these keywords.

    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors

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