This paper presents preliminary findings and is being distributed to economists and other interested readers solely to stimulate discussion and elicit comments. The views expressed in this paper are those of the authors and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. Any errors or omissions are the responsibility of the authors
Version 3.0 This paper analyzes central counterparty (CCP) clearing – defined as the diversifica-tio...
Central clearing counterparties (CCPs) have a variety of economic rationales. The Great Recession of...
Concentration risk and the optimal number of central counterparties for a single asset We model the ...
We show whether central clearing of a particular class of derivatives lowers counterparty risk. For ...
In this thesis, we aim to show effects of centrally clearing OTC derivatives on counterparty exposur...
Through the lens of market participants' objective to minimize counterparty risk, we provide an expl...
Through the lens of market participants' objective to minimize counterparty risk, we provide an expl...
My interest in this research topic was inspired by the apparently global consensus on the mandate fo...
This study investigates whether and how central clearing influences the overall liquidity needs in a...
The paper studies the optimal design of clearing systems. The paper analyzes how counterparty risk s...
We show whether central clearing of a particular class of derivatives lowers counter-party risk. For...
In the midst of the ongoing financial crisis, market participants, regulators, and politicians are a...
The clearing of over-the-counter transactions through central counterparties (CCPs), one of the pill...
We consider how the introduction of centralized netting in financial networks affects total netted e...
Artículo de revistaSince the international financial crisis, central clearing counterparties (CCPs) ...
Version 3.0 This paper analyzes central counterparty (CCP) clearing – defined as the diversifica-tio...
Central clearing counterparties (CCPs) have a variety of economic rationales. The Great Recession of...
Concentration risk and the optimal number of central counterparties for a single asset We model the ...
We show whether central clearing of a particular class of derivatives lowers counterparty risk. For ...
In this thesis, we aim to show effects of centrally clearing OTC derivatives on counterparty exposur...
Through the lens of market participants' objective to minimize counterparty risk, we provide an expl...
Through the lens of market participants' objective to minimize counterparty risk, we provide an expl...
My interest in this research topic was inspired by the apparently global consensus on the mandate fo...
This study investigates whether and how central clearing influences the overall liquidity needs in a...
The paper studies the optimal design of clearing systems. The paper analyzes how counterparty risk s...
We show whether central clearing of a particular class of derivatives lowers counter-party risk. For...
In the midst of the ongoing financial crisis, market participants, regulators, and politicians are a...
The clearing of over-the-counter transactions through central counterparties (CCPs), one of the pill...
We consider how the introduction of centralized netting in financial networks affects total netted e...
Artículo de revistaSince the international financial crisis, central clearing counterparties (CCPs) ...
Version 3.0 This paper analyzes central counterparty (CCP) clearing – defined as the diversifica-tio...
Central clearing counterparties (CCPs) have a variety of economic rationales. The Great Recession of...
Concentration risk and the optimal number of central counterparties for a single asset We model the ...