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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

City University of New York (CUNY)

2021

Economics

Bayesian inference

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Full-Text Articles in Social and Behavioral Sciences

Dealer Networks In Over-The-Counter (Otc) Financial Markets, Richmond Kyei-Fordjour Feb 2021

Dealer Networks In Over-The-Counter (Otc) Financial Markets, Richmond Kyei-Fordjour

Dissertations, Theses, and Capstone Projects

This research studies a network of interdealer trading in Over-The-Counter (OTC) Financial Markets. It reviews a model of OTC interdealer trading, extends this model for suitable application to empirical studies of trading in dealer networks within OTC markets, and ultimately develops a methodology for estimating the endogenous network parameters. Finally, it applies the methodology to conduct an empirical study of the Municipal bonds market.