−specific CoCo bond market concentration. Buyers are defined as having a preference for CoCo bonds if their return−to−risk is higher …

-information supermodular markets, but exhibit many more and less-obviously ordered offers otherwise. Last, participants’ market positions …

We study competition among market designers who create new trading platforms, when boundedly rational traders learn to … select among them. We ask whether efficient platforms, leading to market - clearing trading outcomes, will dominate the … market in the long run. If several market designers are competing, we find that traders learn to select non-market clearing …

This paper presents a market with asymmetric information where a privately revealing equilibrium obtains in a …

) tightness of monetary policy to examine its influence on equity and money market flows. In line with a powerful risk … the money market and into the riskier equity market - causing significant equity price inflation in countries where …

account both bond and issuing bank’s characteristics, and also considers the role of country−specific CoCo bond market …