Blar i Norges Banks vitenarkiv på emneord "asymmetric information"

Viser treff 1-4 av 4

    • Asymmetric Information in the Interbank Foreign Exchange Market 

      Bjønnes, Geir Høidal; Osler, Carol; Rime, Dagfinn (Working Papers;25/2008, Working paper, 2008)
      This paper provides evidence of private information in the interdealer foreign exchange market. In so doing it provides support for the hypothesis that information is an important reason for the strong positive correlation ...

    • Estimating firms’ bank-switching costs 

      Liaudinskas, Karolis; Grigaitė, Kristina (Working Paper;4/2021, Working paper, 2021)
      We explore Lithuanian credit register data and two bank closures to provide a novel estimate of firms’ bank-switching costs and a novel identification of the hold-up problem. We show that when a distressed bank’s closure ...

    • Strategic Investor Behaviour and the Volume-Volatility Relation in Equity Markets 

      Næs, Randi; Skjeltorp, Johannes A. (Working Papers;9/2003, Working paper, 2003)
      We examine the volume-volatility relation using detailed data from a limit order driven equity market. Estimates of the intraday slope of the demand and supply schedules of the order book are found to capture regularities ...

    • The Market Impact and Timing of Open Market Share Repurchases in Norway 

      Skjeltorp, Johannes A. (Working Papers;8/2004, Working paper, 2004)
      This paper examines a detailed dataset on open market repurchase announcements and actual repurchases conducted by Norwegian firms during the period 1998-2001. Firms that announce a repurchase plan experience a positive ...