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1.
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An international initiative to increase the use of central clearing for OTC derivatives emerged as one of the reactions to the 2008 financial crisis. The move to central [...]
2012 | Text | Staff Working Paper - Document de travail du personnel |
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2.
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We model the behavior of dealers in Over-the-Counter (OTC) derivatives markets where a small number of dealers trade with a continuum of heterogeneous clients (hedgers). [...]
2012 | Text | Staff Working Paper - Document de travail du personnel |
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