Zobrazeno 1 - 10
of 112
pro vyhledávání: '"Robin Greenwood"'
Publikováno v:
The Review of Financial Studies.
We study the stock market effects of the arrival of the three rounds of “stimulus checks” to U.S. taxpayers and the single round of direct payments to Hong Kong citizens. The first two rounds of U.S. checks appear to have increased retail buying
Publikováno v:
The Journal of Finance. 77:863-921
Using historical data on postwar financial crises around the world, we show that the combination of rapid credit and asset price growth over the prior three years, whether in the nonfinancial business or the household sector, is associated with a 40%
Publikováno v:
Journal of Financial Economics. 131:20-43
We evaluate Eugene F. Fama's claim that stock prices do not exhibit price bubbles. Based on US industry returns (1926‒2014) and international sector returns (1985‒2014), we present four findings (1) Fama is correct in that a sharp price increase
In the wake of the COVID-19 pandemic, the financial and legal system will need to deal with a surge of financial distress in the business sector. Some firms will be able to survive, while others will face bankruptcy and thus need to be liquidated or
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c3ee169835266270213a7ecb33a8d4c1
https://doi.org/10.3386/w28104
https://doi.org/10.3386/w28104
We develop a model in which specialized bond investors must absorb shocks to the supply and demand for long-term bonds in two currencies. Since long-term bonds and foreign exchange are both exposed to unexpected movements in short-term interest rates
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2b13b22d28f6f33cfe87a1e741dfaa7a
https://doi.org/10.3386/w27615
https://doi.org/10.3386/w27615
Using historical data on post-war financial crises around the world, we show that crises are substantially predictable. The combination of rapid credit and asset price growth over the prior three years, whether in the nonfinancial business or the hou
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6e06280d11bd74a249535457075b6858
https://doi.org/10.3386/w27396
https://doi.org/10.3386/w27396
Publikováno v:
The Review of Financial Studies. 31:3307-3343
Citation: Greenwood, Robin, Samuel G. Hanson, and Gordon Y. Liao. "Asset Price Dynamics in Partially Segmented Markets." Review of Financial Studies 31, no. 9 (September 2018): 3307–3343. (Internet Appendix Here: http://www.people.hbs.edu/shanson/s
Publikováno v:
Brookings Papers on Economic Activity. 2017:479-565