@wiwi.uni-frankfurt.de.
4 European Central Bank, Kaiserstrasse 29, D-60311, Frankfurt am Main, Germany. Email: ulrich.bindseil@ecb.int.
This … library at http://ssrn.com/abstract_id=533028.
© European Central Bank, 2004
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European Central Bank working paper series 55
Abstract
This paper employs individual bidding data to analyze the …