Quota Brokers.
This paper examines the role of middlemen (brokers) in an imperfect secondary market for quota licenses. Middlemen facilitate trade when markets are thin, as potential buyers and sellers find it difficult to meet and transact directly. However, in thin markets, middlemen also have the ability to inf...
Autor Corporativo: | |
---|---|
Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2004.
|
Colecção: | IMF Working Papers; Working Paper ;
No. 2004/179 |
Assuntos: | |
Acesso em linha: | Full text available on IMF |