NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Measuring Margin

Robert L. McDonald

Chapter in forthcoming NBER book Risk Topography: Systemic Risk and Macro Modeling, Markus K. Brunnermeier and Arvind Krishnamurthy, editors
Conference held April 28, 2011
Forthcoming from University of Chicago Press

---- Acknowledgements -----

None

---- Disclosure of Financial Relationships for Robert L. McDonald -----

I am on the Board of Directors for Eris Exchange.

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