Search Results - subject:"Market structure"

Non-bank dealing and liquidity bifurcation in fixed-income markets

Brolley, Michael; Cimon, David A. - 2025 - Last updated: January 8, 2025

Non-bank financial institutions, such as principal-trading firms and hedge funds, increasingly compete with bank-owned dealers in fixed-income markets. Some market participants worry that if non-bank financial institutions push out established bank dealers, liquidity will become unreliable...

Persistent link: https://www.econbiz.de/10015187506

Accounting for the multiple sources of inflation : an agent-based model investigation

Ciambezi, Leonardo; Guerini, Mattia; Napoletano, Mauro; … - 2025

We develop a macroeconomic agent-based model to study the role of demand and supply factors in determining inflation dynamics. Local interactions of heterogeneous firms and households in the labor and goods markets characterize the model. Asymmetric information implies that firm selection is...

Persistent link: https://www.econbiz.de/10015329910

Market structure, vertical integration and farmers' welfare in Costa Rica coffee industry

Leone, Fabrizio; Macchiavello, Rocco; Miquel-Florensa, … - 2025

Widespread market imperfections in agricultural value chains raise the possibility that regulatory interventions may enhance efficiency and farmers' welfare. We develop a structural model of agricultural value chains and estimate it using rich data from Costa Rica's coffee sector to evaluate...

Persistent link: https://www.econbiz.de/10015339889

U.S. Treasury market functioning from the GFC to the pandemic

Adrian, Tobias; Fleming, Michael J.; Nikolaou, Kleopatra - 2025

This article examines U.S. Treasury securities market functioning from the global financial crisis (GFC) through the Covid-19 pandemic given the ensuing market developments and associated policy responses. We describe the factors that have affected intermediaries, including regulatory changes,...

Persistent link: https://www.econbiz.de/10015372069

Endogenous market structure with upstream corporate social responsibility

Masuyama, Ryo; Mizuno, Tomomichi - 2025

Persistent link: https://www.econbiz.de/10015358030

Profitability, efficiency, and market structure in the meat and milk processing industry : evidence from Central Europe

Kroupová, Zdeňka Žáková; Trnková, Gabriela - 2025

This study aims to investigate the impact of the market structure and efficiency on firm performance in the meat and … markets. Instead, profitability is significantly driven by efficiency, supporting the hypothesis of an efficient market … structure. Companies with higher market shares do not exploit their market power to set higher prices and increase profitability …

Persistent link: https://www.econbiz.de/10015338284