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Is Blood Thicker than Water? The Impact of Player Agencies on Player Salaries...
In this article, we analyze how different representation models of professional football players affect their salaries in salary negotiations. We distinguish between... -
Inferring the private information content of trades: a regime-switching appro...
This paper presents an empirical model for inferring the private information content of trades at the transaction level. The trade-indicator model of Glosten and Harris (1988)... -
Credit allocation in heterogeneous banking systems
World banking systems are almost invariably populated by relatively diverse financial institutions. This paper studies the operation of credit markets where heterogeneous banks...
