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Incentives for information production in markets where prices affect real investment

Dow, James (contributor); Goldstein, Itay (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003727382

Trading frenzies and their impact on real investment

Goldstein, Itay; Ozdenoren, Emre; Yuan, Kathy - 2011

provide for new investment. This feedback effect from the financial market to the investment decision gives rise to trading … is sometimes desirable for price informativeness and investment efficiency, but speculators’ incentives push in the …

Persistent link: https://www.econbiz.de/10008826109

Trading frenzies and their impact on real investment

Goldstein, Itay; Ozdenoren, Emre; Yuan, Kathy - 2010

Persistent link: https://www.econbiz.de/10003945564

Trading frenzies and their impact on real investment

Goldstein, Itay; Ozdenoren, Emre; Yuan, Kathy - In: Journal of financial economics 109 (2013) 2, pp. 566-582

Persistent link: https://www.econbiz.de/10009784160

Trading frenzies and their impact on real investment

Goldstein, Itay; Ozdenoren, Emre; Yuan, Kathy - 2011

Persistent link: https://www.econbiz.de/10009295348

Incentives for Information Production in Markets Where Prices Affect Real Investment

Dow, James - 2016

We analyze information production incentives for traders in financial markets, when firms condition investment …'s investment project increases with the ex ante likelihood the project will be undertaken. This generates an informational … lead to a market breakdown where information production ceases, and investment and firm value collapse. Our theory sheds …

Persistent link: https://www.econbiz.de/10013006979

Incentives for information production in markets where prices affect real investment

Dow, James; Goldstein, Itay; Gümbel, Alexander - In: Journal of the European Economic Association 15 (2017) 4, pp. 877-909

Persistent link: https://www.econbiz.de/10011803992

The real effects of financial markets

Bond, Philip; Edmans, Alex; Goldstein, Itay - 2011

"A large amount of activity in the financial sector occurs in secondary financial markets, where securities are traded among investors without capital flowing to firms. The stock market is the archetypal example, which in most developed economies captures a lot of attention and resources. Is the...

Persistent link: https://www.econbiz.de/10009488458

The real effects of financial markets

Bond, Philip; Edmans, Alex; Goldstein, Itay - In: Annual review of financial economics 4 (2012), pp. 339-360

Persistent link: https://www.econbiz.de/10009690309

Speculation and hedging in segmented markets

Goldstein, Itay; Li, Yan; Yang, Liyan - In: The review of financial studies 27 (2014) 3, pp. 881-922

Persistent link: https://www.econbiz.de/10010357850