Bidder Participation and Information in Currency Auctions
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Keywords
WP; Inventory dev.; standard deviation; U.S. dollar; Lag Inv. dev.; Auctions; currency auctions; pay-as-bid auctions; asymmetric information; bank sophistication; market share; order flow effect; sophistication measure; lag Inv. Dev; number of bidder; descriptive statistics; bidding strategy; Currency markets; Currencies; Exchange rates; Securities markets; Emerging and frontier financial markets;All these keywords.
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