Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7538369 | Social Networks | 2017 | 13 Pages |
Abstract
This paper analyses the social structure of the government debt market in Spain from a social network analysis approach. The relational analysis has been limited to the case of the syndicate issuances that took place between 2002 and 2015 and the process whereby lead manager banks choose their partners to underwrite the issue. The main contribution of this paper is the identification of social tie patterns between market participants and their structural equivalence in the market. Furthermore, it reveals how status operates in the market, conferring advantages on those actors with optimum positioning.
Related Topics
Physical Sciences and Engineering
Mathematics
Statistics and Probability
Authors
Matilde Massó, Alejandro Arnulfo Ruiz-León,