메뉴 건너뛰기




Volumn 102, Issue 5, 2012, Pages 1986-2017

Fund managers, career concerns, and asset price volatility

Author keywords

[No Author keywords available]

Indexed keywords


EID: 84866412106     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.102.5.1986     Document Type: Article
Times cited : (72)

References (40)
  • 2
    • 33646200768 scopus 로고    scopus 로고
    • Defaultable debt, interest rates and the current account
    • Aguiar, Mark, and Gita Gopinath. 2006. "Defaultable Debt, Interest Rates and the Current Account." Journal of International Economics 69 (1): 64-83.
    • (2006) Journal of International Economics , vol.69 , Issue.1 , pp. 64-83
    • Aguiar, M.1    Gopinath, G.2
  • 4
    • 58149302923 scopus 로고    scopus 로고
    • Default risk and income fluctuations in emerging economies
    • Arellano, Cristina. 2008. "Default Risk and Income Fluctuations in Emerging Economies." American Economic Review 98 (3): 690-712.
    • (2008) American Economic Review , vol.98 , Issue.3 , pp. 690-712
    • Arellano, C.1
  • 5
    • 84977364496 scopus 로고
    • Agency costs, net worth, and business fluctuations
    • Bernanke, Ben, and Mark Gertler. 1989. "Agency Costs, Net Worth, and Business Fluctuations." American Economic Review 79 (1): 14-31.
    • (1989) American Economic Review , vol.79 , Issue.1 , pp. 14-31
    • Bernanke, B.1    Gertler, M.2
  • 6
    • 1642303187 scopus 로고    scopus 로고
    • Liquidity and financial market runs
    • DOI 10.1162/003355304772839542
    • Bernardo, Antonio E., and Ivo Welch. 2004. "Liquidity and Financial Market Runs." Quarterly Journal of Economics 119 (1): 135-58. (Pubitemid 38361203)
    • (2004) Quarterly Journal of Economics , vol.119 , Issue.1 , pp. 135-158
    • Bernardo, A.E.1    Welch, I.2
  • 7
    • 84866431476 scopus 로고    scopus 로고
    • Incentives in funds management: A literature overview
    • edited by Arnoud Boot and Anjan V. Thakor. Amsterdam: Elsevier.
    • Bhattacharya, Sudipto, Amil Dasgupta, Alexander Guembel, and Andrea Prat. 2008. "Incentives in Funds Management: A Literature Overview." In Handbook of Financial Intermediation and Banking, edited by Arnoud Boot and Anjan V. Thakor, 285-303. Amsterdam: Elsevier.
    • (2008) Handbook of Financial Intermediation and Banking , pp. 285-303
    • Bhattacharya, S.1    Dasgupta, A.2    Guembel, A.3    Prat, A.4
  • 8
    • 4043089417 scopus 로고    scopus 로고
    • Hedge funds and the technology bubble
    • DOI 10.1111/j.1540-6261.2004.00690.x
    • Brunnermeier, Markus K., and Stefan Nagel. 2004. "Hedge Funds and the Technology Bubble." Journal of Finance 59 (5): 2013-40. (Pubitemid 39392606)
    • (2004) Journal of Finance , vol.59 , Issue.5 , pp. 2013-2040
    • Brunnermeier, M.K.1    Nagel, S.2
  • 11
    • 79957936153 scopus 로고    scopus 로고
    • Equilibrium prices in the presence of delegated portfolio management
    • Cuoco, Domenico, and Ron Kaniel. 2011. "Equilibrium Prices in the Presence of Delegated Portfolio Management." Journal of Financial Economics 101 (2): 264-96.
    • (2011) Journal of Financial Economics , vol.101 , Issue.2 , pp. 264-296
    • Cuoco, D.1    Kaniel, R.2
  • 12
    • 1642414611 scopus 로고    scopus 로고
    • The impact of risk regulation on price dynamics
    • DOI 10.1016/S0378-4266(03)00113-4, PII S0378426603001134
    • Danielsson, Jon, Hyun Song Shin, and Jean-Pierre Zigrand. 2004. "The Impact of Risk Regulation on Price Dynamics." Journal of Banking and Finance 28 (5): 1069-87. (Pubitemid 38393912)
    • (2004) Journal of Banking and Finance , vol.28 , Issue.5 , pp. 1069-1087
    • Danielsson, J.1    Shin, H.S.2    Zigrand, J.-P.3
  • 13
    • 34248998664 scopus 로고    scopus 로고
    • Financial equilibrium with career concerns
    • Dasgupta, Amil, and Andrea Prat. 2006. "Financial Equilibrium with Career Concerns." Theoretical Economics 1 (1): 67-93.
    • (2006) Theoretical Economics , vol.1 , Issue.1 , pp. 67-93
    • Dasgupta, A.1    Prat, A.2
  • 14
    • 55549126797 scopus 로고    scopus 로고
    • Information aggregation in financial markets with career concerns
    • Dasgupta, Amil, and Andrea Prat. 2008. "Information Aggregation in Financial Markets with Career Concerns." Journal of Economic Theory 143 (1): 83-113.
    • (2008) Journal of Economic Theory , vol.143 , Issue.1 , pp. 83-113
    • Dasgupta, A.1    Prat, A.2
  • 15
    • 79952132539 scopus 로고    scopus 로고
    • The price impact of institutional herding
    • Dasgupta, Amil, Andrea Prat, and Michela Verardo. 2011. "The Price Impact of Institutional Herding." Review of Financial Studies 24 (3): 892-925.
    • (2011) Review of Financial Studies , vol.24 , Issue.3 , pp. 892-925
    • Dasgupta, A.1    Prat, A.2    Verardo, M.3
  • 16
    • 0013065959 scopus 로고    scopus 로고
    • Modeling sovereign yield spreads: A case study of russian debt
    • DOI 10.1111/1540-6261.00520
    • Duffie, Darrell, Lasse Heje Pedersen, and Kenneth J. Singleton. 2003. "Modeling Sovereign Yield Spreads: A Case Study of Russian Debt." Journal of Finance 58 (1): 119-59. (Pubitemid 37311731)
    • (2003) Journal of Finance , vol.58 , Issue.1 , pp. 119-159
    • Duffie, D.1    Pedersen, L.H.2    Singleton, K.J.3
  • 19
    • 0345401653 scopus 로고
    • Bid, ask and transaction prices in a specialist market with heterogeneously informed traders
    • Glosten, Lawrence R., and Paul R. Milgrom. 1985. "Bid, Ask and Transaction Prices in a Specialist Market with Heterogeneously Informed Traders." Journal of Financial Economics 14 (1): 71-100.
    • (1985) Journal of Financial Economics , vol.14 , Issue.1 , pp. 71-100
    • Glosten, L.R.1    Milgrom, P.R.2
  • 20
    • 84877149952 scopus 로고    scopus 로고
    • Equilibrium and welfare in markets with financially constrained arbitrageurs
    • Gromb, Denis, and Dimitri Vayanos. 2002. "Equilibrium and Welfare in Markets with Financially Constrained Arbitrageurs." Journal of Financial Economics 66 (2-3): 361-407.
    • (2002) Journal of Financial Economics , vol.66 , Issue.2-3 , pp. 361-407
    • Gromb, D.1    Vayanos, D.2
  • 22
    • 71549173717 scopus 로고    scopus 로고
    • Liquidity and trading dynamics
    • Guerrieri, Veronica, and Guido Lorenzoni. 2009. "Liquidity and Trading Dynamics." Econometrica 77 (6): 1751-90.
    • (2009) Econometrica , vol.77 , Issue.6 , pp. 1751-1790
    • Guerrieri, V.1    Lorenzoni, G.2
  • 28
    • 0042229588 scopus 로고    scopus 로고
    • Collateral constraints and the amplification mechanism
    • DOI 10.1016/S0022-0531(03)00098-X
    • Krishnamurthy, Arvind. 2003. "Collateral Constraints and the Amplification Mechanism." Journal of Economic Theory 111 (2): 277-92. (Pubitemid 36989344)
    • (2003) Journal of Economic Theory , vol.111 , Issue.2 , pp. 277-292
    • Krishnamurthy, A.1
  • 30
    • 22044446488 scopus 로고    scopus 로고
    • Liquidity black holes
    • DOI 10.1023/B:EUFI.0000022155.98681.25
    • Morris, Stephen, and Hyun Song Shin. 2004. "Liquidity Black Holes." Review of Finance 8 (1): 1-18. (Pubitemid 40965564)
    • (2004) Review of Finance , vol.8 , Issue.1 , pp. 1-18
    • Morris, S.1    Shin, H.S.2
  • 31
    • 15844361919 scopus 로고    scopus 로고
    • Business cycles in emerging economies: The role of interest rates
    • DOI 10.1016/j.jmoneco.2004.04.011, PII S0304393205000036
    • Neumeyer, Pablo A., and Fabrizio Perri. 2005. "Business Cycles in Emerging Economies: The Role of Interest Rates." Journal of Monetary Economics 52 (2): 345-80. (Pubitemid 40426852)
    • (2005) Journal of Monetary Economics , vol.52 , Issue.2 , pp. 345-380
    • Neumeyer, P.A.1    Perri, F.2
  • 32
    • 33745946021 scopus 로고    scopus 로고
    • The strategy of professional forecasting
    • DOI 10.1016/j.jfineco.2005.08.002, PII S0304405X06000286
    • Ottaviani, Marco, and Peter Norman Sorensen. 2006. "The Strategy of Professional Forecasting." Journal of Financial Economics 81 (2): 441-66. (Pubitemid 44057764)
    • (2006) Journal of Financial Economics , vol.81 , Issue.2 , pp. 441-466
    • Ottaviani, M.1    Sorensen, P.N.2
  • 33
    • 84960580339 scopus 로고
    • Why bank credit policies fluctuate: A theory and some evidence
    • Rajan, Raghuram G. 1994. "Why Bank Credit Policies Fluctuate: A Theory and Some Evidence." Quarterly Journal of Economics 109 (2): 399-441.
    • (1994) Quarterly Journal of Economics , vol.109 , Issue.2 , pp. 399-441
    • Rajan, R.G.1
  • 34
    • 1642419195 scopus 로고    scopus 로고
    • Entrepreneurial activity, risk, and the business cycle
    • DOI 10.1016/j.jmoneco.2003.06.003, PII S0304393204000169
    • Rampini, Adriano A. 2004. "Entrepreneurial Activity, Risk, nad the Business Cycle." Journal of Monetary Economics 51 (3): 555-73. (Pubitemid 38407641)
    • (2004) Journal of Monetary Economics , vol.51 , Issue.3 , pp. 555-573
    • Rampini, A.A.1
  • 36
    • 0002307601 scopus 로고    scopus 로고
    • The limits of arbitrage
    • Shleifer, Andrei, and Robert W. Vishny. 1997. " The Limits of Arbitrage." Journal of Finance 52 (1): 35-55. (Pubitemid 127343962)
    • (1997) Journal of Finance , vol.52 , Issue.1 , pp. 35-55
    • Shleifer, A.1    Vishny, R.W.2
  • 37
    • 33646190771 scopus 로고    scopus 로고
    • Country spreads and emerging countries: Who drives whom?
    • Uribe, Martin, and Vivian Z. Yue. 2006. "Country Spreads and Emerging Countries: Who Drives Whom?" Journal of International Economics 69 (1): 6-36.
    • (2006) Journal of International Economics , vol.69 , Issue.1 , pp. 6-36
    • Uribe, M.1    Yue, V.Z.2
  • 40
    • 0001839537 scopus 로고
    • Corporate conservatism and relative compensation
    • Zwiebel, Jeffrey. 1995. "Corporate Conservatism and Relative Compensation." Journal of Political Economy 103 (1): 1-25.
    • (1995) Journal of Political Economy , vol.103 , Issue.1 , pp. 1-25
    • Zwiebel, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.