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47 days ago - National Bureau of Economic Research Working Papers
We propose a clientele-based model of the yield curve and optimal maturity structure of government debt. Clienteles are generations of agents at different lifecycle stages in ...
277 days ago - MoneyScience Twitter Stream
moneyscience: This paper by Dimitri Vayanos and Jiang Wang surveys the theoretical and empirical literature on market #liquidity http://t.co/48XzosTq
277 days ago - Risk Management Twitter
Risk_Mgmt: This paper by Dimitri Vayanos and Jiang Wang surveys the theoretical and empirical literature on market #liquidity http://t.co/PA0uGIVn
292 days ago - National Bureau of Economic Research Working Papers
In this paper we survey the theoretical and empirical literature on market liquidity. We organize both literatures around three basic questions: (a) how to measure illiquidity...
487 days ago - VoxEU.org: Recent Articles
Dimitri Vayanos, Paul Woolley, 18 January 2012According to classical economics, there are no gains to be made in an efficient market. Yet markets are often far from efficient ...
536 days ago - VoxEU.org: Recent Articles
Michael G Jacobides, Richard Portes, Dimitri Vayanos, 30 November 2011After a period of intense political turmoil, Greece has converged on a coalition government tasked with i...
645 days ago - VoxEU.org: Recent Articles
Elias Papaioannou, Dimitri Vayanos, 13 August 2011Greece’s bailout plan – agreed more than a year ago – is failing to meet some of its key objectives. This column argues...
661 days ago - Bank of England|Publications
Working Paper 435 by Iryna Kaminska, Dimitri Vayanos and Gabriele Zinna