crisis, we observe (not estimate) limit order demand and supply curves for individual stocks. Both curves have demonstrably … financial variables revert to pre-crisis norms. Superimposed upon this common long-term modulation, individual stocks' supply … demand curve, it tends simultaneously to exhibit an unusually inelastic supply curve, and vice versa. These findings have …

We develop a tractable general equilibrium framework providing a direct mapping between (i) the supply and demand for … capital supply, while firm profitability drives demand. Heterogeneity in supply and demand factors determines the sign of the …, investment, and profitability. We estimate the supply and demand schedules of over 4,000 U.S. firms and verify that the model …

crisis, we observe (not estimate) limit order demand and supply curves for individual stocks. Both curves have demonstrably … financial variables revert to pre-crisis norms. Superimposed upon this common long-term modulation, individual stocks' supply … demand curve, it tends simultaneously to exhibit an unusually inelastic supply curve, and vice versa. These findings have …

disappear when controlling for measures of uncertainty such as stock price volatility. Swiss bond prices rose when stock market … volatility was high thus offering insurance in times of uncertainty. …