1.

Record Nr.

UNINA9910555066303321

Titolo

Codification of statements on auditing standards, numbers 122 to 138 : as of January 2020 / / American Institute of Certified Public Accountants (AICPA)

Pubbl/distr/stampa

Durham, North Carolina : , : Wiley, , [2020]

©2020

ISBN

1-119-74179-3

1-119-74181-5

Descrizione fisica

1 online resource (1,791 pages)

Disciplina

657.45

Soggetti

Auditing - Standards

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia



2.

Record Nr.

UNINA9910788519903321

Autore

Romeu Rafael

Titolo

A Puzzle of Microstructure Market Maker Models / / Rafael Romeu

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2004

ISBN

1-4623-3295-1

1-4527-2306-0

1-281-11651-3

9786613776440

1-4518-9056-7

Descrizione fisica

1 online resource (24 p.)

Collana

IMF Working Papers

Soggetti

Foreign exchange rates - Econometric models

Foreign exchange market - Econometric models

Information theory in finance

Finance: General

Foreign Exchange

Money and Monetary Policy

Model Evaluation and Selection

International Financial Markets

Monetary Systems

Standards

Regimes

Government and the Monetary System

Payment Systems

Currency

Foreign exchange

Finance

Monetary economics

Exchange rates

Exchange rate modelling

Currency markets

Currencies

Purchasing power parity

Foreign exchange market

Money



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"January 2004."

Nota di bibliografia

Includes bibliographical references (p. 21-23).

Nota di contenuto

""Contents""; ""I. Introduction""; ""II. Reconsidering the Lyons (1995) Result""; ""III. A Puzzle of Microstructure Market Maker Models""; ""IV. Conclusion""; ""References""

Sommario/riassunto

This study addresses the empirical viability of microstructure models of dealer price setting. New evidence is presented rejecting these models' specifications of how information asymmetry and inventory accumulation affect dealer pricing. This rejection is consistent with those of other dealer-level empirical studies. This study suggests a new modeling option may be to reconsider optimal price setting while relaxing assumptions that specify incoming orders as the only component through which dealer inventories evolve. This approach is consistent with inventory evolution data and with general equilibrium models' assumptions about currency markets.