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Asymmetric price movements and borrowing constraints : a rational expectations equilibrium model of crises, contagion, and confusion

Yuan, Kathy - In: The journal of finance : the journal of the American … 60 (2005) 1, pp. 379-411

Persistent link: https://www.econbiz.de/10002645719

The liquidity service of benchmark securities

Yuan, Kathy - In: Journal of the European Economic Association 3 (2005) 5, pp. 1156-1180

Persistent link: https://www.econbiz.de/10003101753

Dynamic asset-backed security design

Ozdenoren, Emre; Yuan, Kathy; Zhang, Shengxing - In: The review of economic studies : RES 90 (2023) 6, pp. 3282-3314

Persistent link: https://www.econbiz.de/10014427667

Trading frenzies and their impact on real investment

Goldstein, Itay; Ozdenoren, Emre; Yuan, Kathy - In: Journal of financial economics 109 (2013) 2, pp. 566-582

Persistent link: https://www.econbiz.de/10009784160

Endogeneous contractual externalities

Ozdenoren, Emre; Yuan, Kathy - 2014

Persistent link: https://www.econbiz.de/10010395178

Trading frenzies and their impact on real investment

Goldstein, Itay; Ozdenoren, Emre; Yuan, Kathy - 2011

We study a model where a capital provider learns from the price of a firm’s security in deciding how much capital to provide for new investment. This feedback effect from the financial market to the investment decision gives rise to trading frenzies, where speculators all wish to trade like...

Persistent link: https://www.econbiz.de/10008826109