Trading Frenzies and Their Impact on Real Investment
By Itay Goldstein, Emre Ozdenoren, Kathy Yuan. 2013
231 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/8371a3bb9f590866c9e7238172222858c378b113
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Liyan Yang
- Zhiguo He
- Itay Goldstein
- Konstantin W. Milbradt
- Xavier Vives
- Bengt R. Holmstrom
- M. Gertler
- Alex Edmans
In Finance
- Konstantin W. Milbradt
- Liyan Yang
- Zhiguo He
- Itay Goldstein
- Arvind Krishnamurthy
- Xavier Vives
- Alex Edmans
- Bengt R. Holmstrom
Citations in the corpus
- Have Financial Markets Become More Informative (2016, unknown): “…Fishman and Hagerty (1992), Leland (1992), Khanna, Slezak, and Bradley (1994), Boot and Thakor (1997), Subrahmanyam and Titman (1999), Fulghieri and Lukin (2001), Bond, Goldstein, and Prescott (2010), Kurlat and Veldkamp (2012), Ozdenoren and Yuan (2008), Goldstein, Ozdenoren, and Yuan (2013).”
- The Real Effects of Financial Markets (2012, unknown): “Goldstein, Ozdenoren, and Yuan (2011b), building on Goldstein, Ozdenoren, and Yuan (2011a), show that strategic complementarities arise if capital providers base their decision on how much capital to provide to the firm on its stock price.”
- Endogenous Liquidity and Defaultable Bonds (2012, background): “Through the information channel, Goldstein, Ozdenoren, and Yuan (2011) show that market prices can feedback to firm’s investment decisions.”
- The source of information in prices and investment-price sensitivity (2017, unknown): “The component − 1 λ p , where λ > 0, leads to a downward-sloping demand curve as in De Long et al. (1990) , Hellwig et al. (2005) , and Goldstein et al. (2013) .”
- Good disclosure, bad disclosure (2019, methodology): “See Goldstein et al. (2013) for more discussions on the nature of the traded asset.”