Results 61 to 70 of about 4,043,177 (393)

Information mirages and financial contagion in an asset market experiment

, 2015
Purpose – The purpose of this paper is to consider whether asymmetric information about correlations between assets can induce financial contagion. Contagion, unjustified by fundamentals, would arise if participants react in one market to uninformative ...
C. Noussair, Yilong Xu
semanticscholar   +1 more source

Debt Financing in Asset Markets [PDF]

American Economic Review, 2012
We study rollover risk and collateral value in a dynamic asset pricing model with endogenous debt financing by extending the framework of Geanakoplos (2009) with a generic binomial tree and time-varying heterogeneous beliefs. Optimistic borrowers face rollover risk if the belief dispersion between the borrowers and the pessimistic lenders widens after
Zhiguo He, Wei Xiong
openaire   +4 more sources

Prices, Asset Markets and Indeterminacy [PDF]

Journal of Economic Theory, 1998
Abstract Competitive equilibrium allocations are indeterminate when the net trades in commodities are constrained, while the asset market is incomplete. The model encompasses economies with deferred payment for commodities, economies with nominal assets, and economies with bundling of commodities and assets.
POLEMARCHAKIS, Heracles, SICONOLFI , Paolo   +1 more
openaire   +3 more sources

Liquidity in Frictional Asset Markets

Journal of Money, Credit and Banking, 2011
On November 14–15, 2008, the Federal Reserve Bank of Cleveland hosted a conference on “Liquidity in frictional asset markets.” In this paper, we review the literature on asset markets with trading frictions in both finance and monetary theory using a simple search‐theoretic model, and we discuss the papers presented at the conference in the context of ...
Guillaume Rocheteau, Guillaume Rocheteau, Pierre-Olivier Weill, Pierre-Olivier Weill   +3 more
openaire   +4 more sources

Evaluating Asset-Market Effects of Unconventional Monetary Policy: A Cross-Country Comparison

, 2014
This paper examines the effects of unconventional monetary policy by the Federal Reserve, Bank of England, European Central Bank and Bank of Japan on bond yields, stock prices and exchange rates.
John H. Rogers, Chiara Scotti, Jonathan H. Wright   +2 more
semanticscholar   +1 more source

Clinical applications of next‐generation sequencing‐based ctDNA analyses in breast cancer: defining treatment targets and dynamic changes during disease progression

Molecular Oncology, EarlyView.
Circulating tumor DNA (ctDNA) offers a possibility for different applications in early and late stage breast cancer management. In early breast cancer tumor informed approaches are increasingly used for detecting molecular residual disease (MRD) and early recurrence. In advanced stage, ctDNA provides a possibility for monitoring disease progression and
Eva Valentina Klocker, Samantha Hasenleithner, Rupert Bartsch, Simon P. Gampenrieder, Daniel Egle, Christian F. Singer, Gabriel Rinnerthaler, Michael Hubalek, Katja Schmitz, Zsuzsanna Bago‐Horvath, Andreas Petzer, Sonja Heibl, Ellen Heitzer, Marija Balic, Michael Gnant   +14 more
wiley   +1 more source

Complex Asset Markets

The Journal of Finance, 2017
We develop a dynamic equilibrium model of complex asset markets with endogenous entry and exit in which the investment technology of investors with more expertise is subject to less asset-specific risk. The joint equilibrium distribution of financial expertise and wealth then determines risk bearing capacity.
Andrea L. Eisfeldt, Lei Zhang, Hanno Lustig, Hanno Lustig   +3 more
openaire   +3 more sources

Fundamental Value Trajectories and Trader Characteristics in an Asset Market Experiment

, 2014
We report results from an asset market experiment, in which we investigate how the time path of the fundamental value trajectory affects the level of adherence to fundamentals.
A. Breaban, C. Noussair
semanticscholar   +1 more source

Strategies to reduce the cancer burden and improve access to effective and affordable cancer interventions in Europe

Molecular Oncology, EarlyView.
Comprehensive cancer centre (CCCs) and CCCs of Excellence (CCCoE) integration in healthcare. Through outreach to surrounding community hospitals, CCCs enable wider access to top‐clinical cancer treatments and care, thereby facilitating the swift enrolment of patients into data‐rich clinical trials (PI‐initiated trials testing new concepts, drug ...
Anton Berns, Ulrik Ringborg, Julio Celis, Bengt Jönsson, Michael Baumann   +4 more
wiley   +1 more source

Trading against disorderly liquidation of a large position under asymmetric information and market impact

ESAIM: Proceedings and Surveys, 2017
We consider trading against a hedge fund or large trader that must liquidate a large position in a risky asset if the market price of the asset crosses a certain threshold. Liquidation occurs in a disorderly manner and negatively impacts the market price
Hillairet Caroline, Hyndman Cody, Jiao Ying, Wang Renjie   +3 more
doaj   +1 more source