Sökning: "Caihong Xu"
Hittade 2 avhandlingar innehållade orden Caihong Xu.
1. Essays on Derivatives and Liquidity
Sammanfattning : This dissertation contains four essays in which derivatives markets are studied in relation to three related topics in financial economics: asset pricing, market microstructure and risk management.Essay I studies the role of relative option liquidity in explaining the volatility smile. LÄS MER
2. Changing the Rules of the Game : A Market Microstructure Perspective on the Effects of Regulating Financial Markets
Sammanfattning : This dissertation contains four articles that examine the effects brought about by the implementation of new regulations and changes in the trading landscape on different facets of market quality and integrity.Article I studies how the fragmentation of equity markets affects the speed of recovery of the market, both under normal market conditions and in times of stress. LÄS MER