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Financial Intermediation and Technology: What's Old, What's New?

Author/Editor: Arnoud W A Boot, Peter Hoffmann, Luc Laeven, Lev Ratnovski.

Release Date:August, 2020

We study the effects of technological change on financial intermediation, distinguishing between innovations in information (data collection and processing) and communication (relationships and more...



Price: $18.00
Discriminatory Pricing of Over-the-Counter Derivatives

Author/Editor: Harald Hau, Peter Hoffmann, Sam Langfield, Yannick Timmer.

Release Date:May, 2019

New regulatory data reveal extensive price discrimination against non-financial clients in the FX derivatives market. The client at the 90th percentile pays an effective spread of 0.5%, while the more...



Price: $18.00