IMF Staff papers : Volume 40 No. 3.

This paper assesses alternative auction techniques for pricing and allocating various financial instruments, such as government securities, central bank refinance credit, and foreign exchange. Before recommending appropriate formats for auctioning these items, the paper discusses basic auction forma...

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Bibliografske podrobnosti
Korporativna značnica: International Monetary Fund. Research Dept
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1993.
Serija:IMF Staff Papers; IMF Staff Papers ; No. 1993/002
Online dostop:Full text available on IMF
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245 1 0 |a IMF Staff papers :   |b Volume 40 No. 3. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1993. 
300 |a 1 online resource (236 pages) 
490 1 |a IMF Staff Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper assesses alternative auction techniques for pricing and allocating various financial instruments, such as government securities, central bank refinance credit, and foreign exchange. Before recommending appropriate formats for auctioning these items, the paper discusses basic auction formats, assessing the advantages and disadvantages of each, based on the existing, mostly theoretical, literature. It is noted that auction techniques can be usefully employed for a broad range of items and that their application is of particular relevance to the impetus in many parts of the world toward establishing market-oriented economies. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Papers; IMF Staff Papers ;  |v No. 1993/002 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/024/1993/002/024.1993.issue-002-en.xml  |z IMF e-Library