The recent episode of unusually high trading activity in stocks with weak fundamentals, such as those of GameStop Corp and AMC Entertainment, has re-focused the spotlight on stocks whose returns are not commensurate with the financial health of the firm. Regulators and stock exchanges have...

In this paper we estimate the impact on domestic trade in agricultural commodities of India's demonetization exercise that invalidated 86% of the currency in circulation. Using data on arrivals and prices from close to 3000 regulated markets in India for 35 major agricultural commodities for the...