This paper finds that, concurrent with the rapid growing index investment in commodities markets since early 2000s …

The arrival of new, unfamiliar, investment opportunities is often associated with "exuberant" movements in asset prices … signals about the profitability of the new investment opportunities, and vice versa. In this paper, we study how such …

The purpose of this paper is to survey what is known about the investment policy of pension funds. Pension fund … investment policy depends critically on the type of plan: defined contribution versus defined benefit. For defined contribution … plans investment policy is not much different than it is for an individual deciding how to invest the money in an Individual …

Using a unique new dataset linking administrative data on investment performance and financial knowledge, we examine …