Webb31 jan. 2007 · Slow Moving Capital. American Economic Review, Forthcoming Number of pages: 16 Posted: 25 Jan 2007. Downloads 631. Slow Moving Capital. NBER Working Paper No. w12877 Number of pages: 17 Posted: 31 Jan 2007 Last Revised: 09 Sep 2024. You are currently viewing this paper. Webb1 aug. 2010 · As such, our empirical findings provide extra empirical support for the slow-moving capital hypothesis in the literature (Brunnermeier & Pedersen, 2009; Duffie, 2010; Mitchell et al., 2007 ...
Slow-moving capital and stock returns - Taylor & Francis
Webb1 juli 2024 · The market capitalization of cryptocurrencies grew rapidly from 1.6 billion in April 2013 to the peak of 795.8 billion in January 2024 and then fell to 229.7 billion in August 2024, a crash. Bitcoin experienced a 680% increase in its market capitalization from December 2016 to December 2024. Webb1 aug. 2010 · I describe asset price dynamics caused by the slow movement of investment capital to trading opportunities. The pattern of price responses to supply or demand shocks typically involves a sharp reaction to the shock and a subsequent and more extended reversal. The amplitude of the immediate price impact and the pattern of the … slr high index prescription lenses
Presidential Address: Asset Price Dynamics with Slow‐Moving Capital
Webb1 mars 2024 · Slow-moving capital Market making Liquidity Algorithmic trading Institutional trading costs JEL classification G10 1. Introduction When buyers and sellers arrive asynchronously, there is a role for providing immediacy ( Demsetz, 1968, … WebbFrictions and slow moving capital. Frictions, delayed response by some market participants, and slow moving arbitrage capital can also slow price discovery and lead to a drop and rebound of prices (Mitchell, Pedersen, and Pulvino (2007), Duffie (2010)). The combined effect is for the price to move too gradually in response to news, Webb1 mars 2024 · Slow-moving capital Market making Liquidity Algorithmic trading Institutional trading costs JEL classification G10 1. Introduction When buyers and sellers … sohom ghosh