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Comments on Duration of Contract and Precautionary Measures

✍ Scribed by Martin Schauer

Book ID: 107572774
Publisher: Springer-Verlag
Year: 2008
Tongue: English
Weight: 621 KB
Volume: 9
Category: Article
ISSN: 1612-3093
DOI: 10.1007/s12027-008-0073-4

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efore undertaking any criticism of Telser's paper, we would like to note that B there is one point of substantial agreement between Telser and us. That is, in private, unregulated financial markets, equilibrium margins-the ratio of collateral in the form of liquid assets to the financial liability t