Do arbitrageurs amplify economic shocks?

Journal of Financial Economics

Volumn 103, Issue 3, 2012, Pages 454-470

  Hong, Harrison ^a   Kubik, Jeffrey D ^b   Fishman, Tal ^c  

^a PRINCETON UNIVERSITY   (United States)

^b SYRACUSE UNIVERSITY   (United States)

^c Parkcentral Capital Management ^*  (United States)

Author keywords

Destabilizing arbitrage; Leverage; Short covering; Shorting

Indexed keywords

EID: 84855510841     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jfineco.2011.10.007     Document Type: Article

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