Results 181 to 190 of about 4,043,177 (393)
Market Clearing with Semi-fungible Assets [PDF]
As markets have digitized, the number of tradable products has skyrocketed. Algorithmically constructed portfolios of these assets now dominate public and private markets, resulting in a combinatorial explosion of tradable assets. In this paper, we provide a simple means to compute market clearing prices for semi-fungible assets which have a partial ...
arxiv
Asset Price Bubbles and Stock Market Interlinkages [PDF]
The eect of stock market interlinkages on asset price bubbles are considered. Bubbles can occur when there is an agency problem between banks and the people they lend money to because the banks cannot observe how the funds are invested.
Douglas Gale, Franklin Allen
core
Intermediary Asset Pricing: New Evidence from Many Asset Classes
We find that shocks to the equity capital ratio of financial intermediaries—Primary Dealer counterparties of the New York Federal Reserve—possess significant explanatory power for crosssectional variation in expected returns.
Zhiguo He, B. Kelly, Asaf Manela
semanticscholar +1 more source
The Immune Microenvironment: New Therapeutic Implications in Organ Fibrosis
This review summarizes recent advances in understanding the immune microenvironment's role in fibrosis, focusing on phenotypic/functional alterations of immune cells and their dynamic interactions with other cellular constituents within tissues. The authors further explore therapeutic opportunities and challenges in targeting immune microenvironment ...
Xiangqi Chen+6 more
wiley +1 more source
Trypstatin, a 61‐amino acid Kunitz‐type protease inhibitor derived from human Bikunin, potently inhibits TMPRSS2 and related proteases. It blocks spike‐ and hemagglutinin‐mediated entry of multiple respiratory viruses in vitro reduces SARS‐CoV‐2 replication in human airway cultures, and lowers viral load and symptoms in infected hamsters, demonstrating
Jan Lawrenz+24 more
wiley +1 more source
Expressions of Market-Based Correlations Between Prices and Returns of Two Assets [PDF]
This paper derives the expressions of correlations between prices of two assets, returns of two assets, and price-return correlations of two assets that depend on statistical moments and correlations of the current values, past values, and volumes of their market trades. The usual frequency-based expressions of correlations of time series of prices and
arxiv
Search Frictions and Asset Price Volatility [PDF]
We examine the quantitative effect of search frictions in product markets on asset price volatility. We combine several features from Shi (1997) and Lagos and Wright (2002) in a model without money.
B. Ravikumar, Enchuan Shao
core
US employment exposure to domestic and foreign tariff changes under NAFTA
Abstract Literature examining the effects of changes in trade agreements and import competition on US employment and wages has focused primarily on non‐agricultural industries and changes in US import tariffs. We propose a method for measuring worker exposure to changes in agricultural tariffs using a newly developed county‐level dataset of employment ...
Diane E. Charlton+3 more
wiley +1 more source
Are veterinary drug maximum residue limits protectionist? International evidence
Abstract We analyze the distribution of maximum residue limits (MRLs) on veterinary drugs used in animal production and aquaculture in a global context of food consumption and trade. We compare MRLs by drug‐product pairs for a large set of countries, commodities, and drugs.
Akinbode Okunola+2 more
wiley +1 more source
EQUILIBRIUM ASSET PRICES AND SAVINGS OF HETEROGENEOUS AGENTS IN THE PRESENCE OF INCOMPLETE MARKETS AND PORTFOLIO CONSTRAINTS [PDF]
Albert Marcet, Kenneth J. Singleton
openalex +1 more source