David O Lucca
Biographic Data
| ID | 5853232 |
|---|---|
| NAME | David O Lucca |
| GIVEN NAMES | David |
| FAMILY NAME | O Lucca |
| SIGNATURE | LUCCA D O |
| AFFILIATIONS | Federal Reserve Bank of New York |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 0 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2020 |
| LATEST PUBLICATION YEAR | 2020 |
| H-INDEX | 0 |
Taking Orders and Taking Notes: Dealer Information Sharing in Treasury Auctions
The use of order-flow information by financial firms has come to the forefront of the regulatory debate. Should a dealer who acquires information by taking client orders be allowed to use or share that information? We explore how information sharing affects dealers, clients, and issuer revenues in US Treasury auctions, in a model calibrated to auction results data, which we use to quantify counterfactuals. Sharing information reduces uncertainty …
No prominent works on this page.
Taking Orders and Taking Notes: Dealer Information Sharing in Treasury Auctions
The use of order-flow information by financial firms has come to the forefront of the regulatory debate. Should a dealer who acquires information by taking client orders be allowed to use or share that information? We explore how information sharing affects dealers, clients, and issuer revenues in US Treasury auctions, in a model calibrated to auction results data, which we use to quantify counterfactuals. Sharing information reduces uncertainty …
Auction Theory and Applications (1 works) · Business (1 works) · Common value auction (1 works) · Computer Science (1 works) · Corporate Finance and Governance (1 works) · Counterfactual conditional (1 works) · Counterfactual thinking (1 works) · Economics (1 works) · Finance (1 works) · Finance (1 works)