Copy trading and its implications for risk taking
Jose Apesteguia, Jörg Oechssler and Simon Weidenholzer conduct an experimental analysis of copy trading and its effects on risk taking
Topic Archive: Financial Markets
Common ownership and market entry in the pharmaceutical industry
Albert Banal-Estañol, Melissa Newham, and Jo Seldeslachts provide evidence on the impact of common ownership on generic drug entry in US pharmaceutical markets.
Why do firms’ investment strategies shift due to analyst reports?
Bing Guo, David Pérez-Castrillo, and Anna Toldrà-Simats contribute to the understanding of the effects of analyst coverage on firms’ innovation strategy and outcome by isolating the information effect from the pressure effect.
Narrow Banking with Modern Depository Institutions
Hugo Rodríguez shows how narrow banking could be implemented without affecting intermediation by depository institutions.
