Do Financial Institutions Matter

By Franklin Allen. 2001

265 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/5a81a94c6b20beec0b528b9ad42c7972147adaff

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Citations in the corpus

Investor Psychology and Asset Pricing (2001, unknown): “Even slight stochastic shifts in preferences can substantially increase the volatility of stock prices relative to the variability of consumption (Allen and Gale (1994), Kraus and Sagi (2000), and Mehra and Sah (2000)).”
The Role of Speculation in Real Estate Cycles (2002, background): “Agency problems that cause lenders to misprice real estate are discussed in Allen (2001).”
Intermediary Asset Pricing: New Evidence from Many Asset Classes (2017, unknown): “Until recently, the role of financial institutions in determining equilibrium asset prices has been under-appreciated by the finance literature (early contributions include Shleifer and Vishny, 1997; Allen, 2001).”
Econometric Measures of Systemic Risk in the Finance and Insurance Sectors (2010, background): “Allen (2001) underlined the importance of mapping out relationships between financial institutions when studying financial fragility and systemic risk.”
Variation sur le thème:"À la recherche de nouvelles fondations pour la finance et la gouvernance d'entreprise" (2002, background): “Plus récemment, on la trouve également dans l’adresse présidentielle de Franklin Allen (2001), toujours devant l’Association américaine de finance, portant sur le rôle des institutions financières, « Do Financial Institutions Matter ? ».”
The Development of China's Stock Market and Stakes for the Global Economy (2017, background): “Although the evidence on the impact of institutional ownership from developed countries is mixed (Smith 1996, Wahal 1996, Morck & Nakamura 1999, Allen 2001, Woidtke 2002, Cornett et al. 2007), Yuan, Xiao & Zou (2008) find that mutual fund ownership increases a firm’s Tobin’s Q and other measures of…”
Agency and Asset Pricing (2008, background): “‘Financial institutions matter for asset pricing’ Allen (2001)”
Institutional Cross-Ownership and Corporate Strategy: The Case of Mergers and Acquisitions (2018, unknown): “Previous studies suggest that institutional ownership keeps growing in U.S. stock markets and has an important role in both corporate strategy and equity pricing (e.g., Allen, 2001; Gompers and Metrick, 2001; Bethel et al., 2009; Rydqvist et al., 2014; McCahery et al., 2016).”