Competing models of the Bank of England’s liquidity auctions: truthful bidding is a good approximation
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More about this item
Keywords
Auctions; bid shading; central bank liquidity provision; product mix auction;All these keywords.
JEL classification:
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2024-05-13 (Central Banking)
- NEP-DES-2024-05-13 (Economic Design)
- NEP-MON-2024-05-13 (Monetary Economics)
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