J. Peter Ferderer Copyright (c) 2009 All rights reserved. http://works.bepress.com/j_peter_ferderer Recent documents in J. Peter Ferderer en-us Sun, 31 May 2009 06:40:41 PDT 3600 Advances in Communication Technology and Growth of American Over-The-Counter Markets http://works.bepress.com/j_peter_ferderer/5 http://works.bepress.com/j_peter_ferderer/5 Thu, 19 Mar 2009 06:07:15 PDT The rapid development of the nationwide telephone network following the expiration of the Bell patents in 1894, along with expansion of private wire telegraph networks, created the "nerve center" necessary for rapid growth in the decentralized, dealer-intermediated, over-the-counter security markets. Using membership roles from the National Quotation Bureau--the predecessor of the NASDAQ--I link growth in the number of dealers to the expansion of these communication networks prior to World War I. Moreover, trading activity on the organized stock exchanges fell during this period, suggesting that these technologies provided a competitive advantage to the over-the-counter markets. J. Peter Ferderer Institutional innovation and the creation of liquid financial markets: The case of the American over-the-counter market http://works.bepress.com/j_peter_ferderer/4 http://works.bepress.com/j_peter_ferderer/4 Wed, 30 Apr 2008 12:50:44 PDT J. Peter PETER FERDERER Meeting Abstract Increasing Liquidity and the Declining Predictive Power of the Paper-Bill Spread http://works.bepress.com/j_peter_ferderer/3 http://works.bepress.com/j_peter_ferderer/3 Thu, 13 Dec 2007 09:18:23 PST J. Peter PETER FERDERER To raise the golden anchor? Financial crises and uncertainty during the Great Depression http://works.bepress.com/j_peter_ferderer/2 http://works.bepress.com/j_peter_ferderer/2 Thu, 13 Dec 2007 08:53:47 PST J. PETER FERDERER Liquidity provision by market makers and financial crisis: The case of the Great Depression http://works.bepress.com/j_peter_ferderer/1 http://works.bepress.com/j_peter_ferderer/1 Thu, 13 Dec 2007 08:49:30 PST J. PETER FERDERER