Entry and Exit in OTC Derivatives Markets
NBER Working Paper No. 20416
---- Acknowledgments ----
We’d like to thank, for fruitful comments and suggestions, the Co-Editor, three referees, as well as Gara Afonso, Saki Bigio, Briana Chang, Jean-Edouard Colliard, Darrell Duffie, Ben Lester, Gustavo Manso, Tyler Muir, Martin Oehmke, Ionid Rosu, Tano Santos, Daniel Sanches, Martin Schneider, Shouyong Shi, Randy Wright, Pierre Yared, and numerous seminar audiences. Patrick Kiefer, Pierre Mabille, Omair Syed, Alfredo Reyes, and Semih Uslu provided expert research assistance. We thank the Bank of France, the Fink Center for Finance and Investments, and the Ziman Center for Real Estate for financial support. Part of this project was completed when Pierre-Olivier Weill was a visiting Professor at the Paris School of Economics, whose hospitality is gratefully acknowledged. All errors are ours. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
---- Disclosure of Financial Relationships for Andrea L. Eisfeldt ----
I conduct compensated financial research for a hedge fund.