Publication

Apr 2012

This paper analyzes the correlations in patterns of trading for members of the Italian interbank trading platform e-MID. The author shows that there are significant and persistent bilateral correlations between institutions' trading strategies. The findings add further evidence on the fact that preferential lending relationships on the micro-level lead to community structure on the macro-level.

Download English (PDF, 27 pages, 562 KB)
Author Daniel Fricke
Series Kiel Institute Working Papers
Issue 1766
Publisher Kiel Institute for the World Economy
Copyright © 2012 Kiel Institute for the World Economy
JavaScript has been disabled in your browser