Click or Call? Auction versus Search in the Over-the-Counter Market: Click or Call? Auction versus Search in the Over-the-Counter Market

[1]  S. B. Thompson Simple Formulas for Standard Errors that Cluster by Both Firm and Time , 2009 .

[2]  Arthur D. Warga,et al.  An Empirical Study of Bond Market Transactions , 2000 .

[3]  Burton Hollifield,et al.  Financial Intermediation and the Costs of Trading in an Opaque Market , 2005 .

[4]  Hendrik Bessembinder,et al.  Does an Electronic Stock Exchange Need an Upstairs Market , 2002 .

[5]  Paul Klemperer,et al.  Why Do Sellers (Usually) Prefer Auctions? , 2009 .

[6]  Hendrik Bessembinder,et al.  Market Transparency, Liquidity Externalities, and Institutional Trading Costs in Corporate Bonds , 2005 .

[7]  Sunil Wahal,et al.  Institutional trading and alternative trading systems , 2003 .

[8]  Terrence Hendershott,et al.  Automation versus Intermediation: Evidence from Treasuries Going Off the Run , 2006 .

[9]  Darrell Duffie,et al.  Over-the-Counter Markets , 2004 .

[10]  Corporate Yield Spreads and Bond Liquidity , 2005 .

[11]  Ananth Madhavan,et al.  In Search of Liquidity: Block Trades in the Upstairs and Downstairs Markets , 1997 .

[12]  D. Lando,et al.  Corporate Bond Liquidity Before and after the Onset of the Subprime Crisis , 2009 .

[13]  M. Subrahmanyam,et al.  Illiquidity or Credit Deterioration: A Study of Liquidity in the Us Corporate Bond Market During , 2010 .

[14]  Terrence Hendershott,et al.  Competition among Trading Venues: Information and Trading on Electronic Communications Networks , 2003 .

[15]  Michael S. Piwowar,et al.  Corporate Bond Market Transaction Costs and Transparency , 2007 .

[16]  Peter Feldhütter The Same Bond at Different Prices: Identifying Search Frictions and Selling Pressures , 2010 .

[17]  Herbert M. Kaufman,et al.  A Cross-Exchange Comparison of Execution Costs and Information Flow for Nyse-Listed Stocks , 1997 .

[18]  Michael A. Goldstein,et al.  First draft : November 1 , 2004 This draft : May 19 , 2006 Transparency and Liquidity : A Controlled Experiment on Corporate Bonds , 2006 .

[19]  Dan Levin,et al.  Equilibrium in Auctions with Entry , 1994 .

[20]  H. Bessembinder,et al.  Markets : Transparency and the Corporate Bond Market , 2008 .

[21]  E. Hotchkiss,et al.  The Informational Efficiency of the Corporate Bond Market: An Intraday Analysis , 1999 .

[22]  Dan Bernhardt,et al.  Why Do Larger Orders Receive Discounts on the London Stock Exchange , 2005 .