[BOOK][B] How Behavior Spreads: The Science of Complex Contagions

D Centola - 2018 - books.google.com
How Behavior Spreads: Page 1 International Journal of Applied Behavioral Economics
Volume 10 • Issue 1 • January-March 2021  Copyright©2021,IGIGlobal.CopyingordistributinginprintorelectronicformswithoutwrittenpermissionofIGIGlobalisprohibited …

Over‐the‐counter markets

D Duffie, N Gârleanu, LH Pedersen - Econometrica, 2005 - Wiley Online Library
We study how intermediation and asset prices in over‐the‐counter markets are affected by
illiquidity associated with search and bargaining. We compute explicitly the prices at which …

Presidential address: friction

HR Stoll - The Journal of Finance, 2000 - Wiley Online Library
The sources of trading friction are studied, and simple, robust empirical measures of friction
are provided. Seven distinct measures of trading friction are computed from transactions …

Evaporating liquidity

S Nagel - The Review of Financial Studies, 2012 - academic.oup.com
The returns of short-term reversal strategies in equity markets can be interpreted as a proxy
for the returns from liquidity provision. Using this approach, this article shows that the return …

When the underwriter is the market maker: An examination of trading in the IPO aftermarket

K Ellis, R Michaely, M O'hara - The Journal of Finance, 2000 - Wiley Online Library
This paper examines aftermarket trading of underwriters and unaffiliated market makers in
the three‐month period after an IPO. We find that the lead underwriter is always the …

Market microstructure: A survey of microfoundations, empirical results, and policy implications

B Biais, L Glosten, C Spatt - Journal of Financial Markets, 2005 - Elsevier
We survey the literature analyzing the price formation and trading process, and the
consequences of market organization for price discovery and welfare. We offer a synthesis …

The accuracy of trade classification rules: Evidence from Nasdaq

K Ellis, R Michaely, M O'Hara - Journal of financial and Quantitative …, 2000 - cambridge.org
Researchers are increasingly using data from the Nasdaq market to examine pricing
behavior, market design, and other microstructure phenomena. The validity of any study that …

Liquidity in asset markets with search frictions

R Lagos, G Rocheteau - Econometrica, 2009 - Wiley Online Library
We develop a search‐theoretic model of financial intermediation in an over‐the‐counter
market and study how trading frictions affect the distribution of asset holdings and standard …

A simple approximation of intraday spreads using daily data

KH Chung, H Zhang - Journal of Financial Markets, 2014 - Elsevier
This study examines the relation between the bid-ask spread from the daily CRSP data and
the bid-ask spread from the intraday TAQ data. We show that the CRSP-based spread is …

Liquidity: Urban versus rural firms

T Loughran, P Schultz - Journal of financial economics, 2005 - Elsevier
Our paper examines the impact of geographic location on liquidity for US rural-and urban-
based companies. Even after adjusting for size and other factors, rural firms trade much less …