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Real Effects of Corporate Bond ETF Ownership
Corporate bond ETFs provide stable funding to US companies, producing tangible impacts on both operations and valuations. Exogenous ETF …
Marco Rossi, Yujie Ruan, Shixiang Xia
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Recovery and Consistency
Recovery, the process of uniquely determining market’s belief, time and risk preferences from asset prices, requires a subjective …
Ngoc-Khanh Tran, Shixiang Xia
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Environmental Activism: Endogenous Risk and Asset Prices
We examine the relative effectiveness of three environmental activist strategies: Exit (divestment of shares), Boycott (of goods), and …
Ravi Jagannathan, Soohun Kim, Robert McDonald, Shixiang Xia
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