LEADER 01130nam a22002651i 4500 001 991002477609707536 005 20040323205912.0 008 040407s1964 sp a||||||||||||||||spa 035 $ab12928495-39ule_inst 035 $aARCHE-090810$9ExL 040 $aDip.to Scienze Storiche$bita$cA.t.i. Arché s.c.r.l. Pandora Sicilia s.r.l. 082 04$a338.1094 110 1 $aSpagna.$bPresidenza del governo : Istituto nazionale di statistica$077817 245 10$aLogroņo 260 $aMadrid :$b[s.n.],$c1964 300 $a1 v. :$bill. ;$c31 cm 440 0$aPrimer censo agrario de Espaņa : aņo 1962 : resultados provisionales ;$v26 500 $aSul front.: Instituto Nacional de Estadistica, en colaboracion con el Ministerio de Agricultura y la Organizacion Sindical 651 4$aSpagna$xAgricoltura$y1962$xStatistiche 907 $a.b12928495$b02-04-14$c16-04-04 912 $a991002477609707536 945 $aLE009 GEOG.14.5-237/26$g1$i2009000259119$lle009$o-$pE0.00$q-$rl$s- $t0$u0$v0$w0$x0$y.i13502372$z16-04-04 996 $aLogroņo$9304207 997 $aUNISALENTO 998 $ale009$b16-04-04$cm$da $e-$fspa$gsp $h0$i1 LEADER 04250oam 22010934 450 001 9910788519903321 005 20230617033130.0 010 $a1-4623-3295-1 010 $a1-4527-2306-0 010 $a1-281-11651-3 010 $a9786613776440 010 $a1-4518-9056-7 035 $a(CKB)3360000000441014 035 $a(EBL)3012490 035 $a(SSID)ssj0000948596 035 $a(PQKBManifestationID)11531048 035 $a(PQKBTitleCode)TC0000948596 035 $a(PQKBWorkID)10949354 035 $a(PQKB)10275976 035 $a(OCoLC)535146870 035 $a(MiAaPQ)EBC3012490 035 $a(IMF)WPIEE0062004 035 $a(EXLCZ)993360000000441014 100 $a20020129d2004 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 12$aA Puzzle of Microstructure Market Maker Models /$fRafael Romeu 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2004. 215 $a1 online resource (24 p.) 225 1 $aIMF Working Papers 300 $a"January 2004." 311 $a1-4518-4232-5 320 $aIncludes bibliographical references (p. 21-23). 327 $a""Contents""; ""I. Introduction""; ""II. Reconsidering the Lyons (1995) Result""; ""III. A Puzzle of Microstructure Market Maker Models""; ""IV. Conclusion""; ""References"" 330 3 $aThis study addresses the empirical viability of microstructure models of dealer price setting. New evidence is presented rejecting these models' specifications of how information asymmetry and inventory accumulation affect dealer pricing. This rejection is consistent with those of other dealer-level empirical studies. This study suggests a new modeling option may be to reconsider optimal price setting while relaxing assumptions that specify incoming orders as the only component through which dealer inventories evolve. This approach is consistent with inventory evolution data and with general equilibrium models' assumptions about currency markets. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2004/006 606 $aForeign exchange rates$xEconometric models 606 $aForeign exchange market$xEconometric models 606 $aInformation theory in finance 606 $aFinance: General$2imf 606 $aForeign Exchange$2imf 606 $aMoney and Monetary Policy$2imf 606 $aModel Evaluation and Selection$2imf 606 $aInternational Financial Markets$2imf 606 $aMonetary Systems$2imf 606 $aStandards$2imf 606 $aRegimes$2imf 606 $aGovernment and the Monetary System$2imf 606 $aPayment Systems$2imf 606 $aCurrency$2imf 606 $aForeign exchange$2imf 606 $aFinance$2imf 606 $aMonetary economics$2imf 606 $aExchange rates$2imf 606 $aExchange rate modelling$2imf 606 $aCurrency markets$2imf 606 $aCurrencies$2imf 606 $aPurchasing power parity$2imf 606 $aForeign exchange market$2imf 606 $aMoney$2imf 615 0$aForeign exchange rates$xEconometric models. 615 0$aForeign exchange market$xEconometric models. 615 0$aInformation theory in finance. 615 7$aFinance: General 615 7$aForeign Exchange 615 7$aMoney and Monetary Policy 615 7$aModel Evaluation and Selection 615 7$aInternational Financial Markets 615 7$aMonetary Systems 615 7$aStandards 615 7$aRegimes 615 7$aGovernment and the Monetary System 615 7$aPayment Systems 615 7$aCurrency 615 7$aForeign exchange 615 7$aFinance 615 7$aMonetary economics 615 7$aExchange rates 615 7$aExchange rate modelling 615 7$aCurrency markets 615 7$aCurrencies 615 7$aPurchasing power parity 615 7$aForeign exchange market 615 7$aMoney 700 $aRomeu$b Rafael$01462074 712 02$aInternational Monetary Fund.$bInternational Capital Markets Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788519903321 996 $aA Puzzle of Microstructure Market Maker Models$93670922 997 $aUNINA