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dc.contributor.authorRime, Dagfinn
dc.date.accessioned2014-12-18T14:29:39Z
dc.date.available2014-12-18T14:29:39Z
dc.date.issued2001
dc.identifier.isbn82-7042-432-3
dc.identifier.issn1502-2099
dc.identifier.urihttp://hdl.handle.net/11250/227869
dc.description.abstractThis dissertation is a collection of four essays on the trading activities in the foreign exchange market. Trading has traditionally not been an issue in research on the foreign exchange market. This has changed during the last decade. In my dissertation the subject is approached from the theory of market microstructure. Market microstructure theory studies the consequences for financial markets of heterogeneous agents, private information, and different trading institutions. I believe that a dissertation on this subject may be justified given (i) the importance of the foreign exchange market, (ii) the shortcomings of our understanding of the market, (iii) the evidence that important assumptions of earlier theories may be violated, and (iv) the promising results so far of this recent approach. The essays in this dissertation divide naturally into two groups, with two essays in each. The first two essays address intraday dealer behavior in the interbank market. These two essays are written together with Geir Hoidal Bjonnes. The last two essays address the effect of order flow on the aggregate market level. The essays use two publicly available data sets on weekly currency positions in Norway and the U.S.nb_NO
dc.language.isoengnb_NO
dc.publisherBI Norwegian Business Schoolnb_NO
dc.relation.ispartofseriesSeries of Dissertations;2/2001
dc.titleTrading in Foreign Exchange Markets. Four Essays on the Microstructure of Foreign Exchangenb_NO
dc.typeDoctoral thesisnb_NO
dc.source.pagenumber190 sidernb_NO


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  • Series of Dissertations [88]
    This collection contains doctoral dissertations in full text (monographs), and article based dissertations' mantels since the start of BI's doctoral programme in 2000.

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