1. Towards a Macroprudential Framework for Investment Funds: Swing Pricing and Investor Redemptions. (2023). Schanz, Jochen ; Lewrick, Ulf.
   In: International Journal of Central Banking.
   RePEc:ijc:ijcjou:y:2023:q:3:a:6.

   Full description at Econpapers || Download paper

2. Do non-banks need access to the lender of last resort? Evidence from fund runs. (2023). Hoerova, Marie ; Breckenfelder, Johannes.
   In: Working Paper Series.
   RePEc:ecb:ecbwps:20232805.

   Full description at Econpapers || Download paper

3. Macroprudential policy and the role of institutional investors in housing markets. (2022). Smets, Frank ; Muoz, Manuel A.
   In: ESRB Working Paper Series.
   RePEc:srk:srkwps:2022137.

   Full description at Econpapers || Download paper

4. Synthetic leverage and fund risk-taking. (2021). Fricke, Daniel.
   In: Discussion Papers.
   RePEc:zbw:bubdps:092021.

   Full description at Econpapers || Download paper

5. Non-bank financial intermediation in the euro area: implications for monetary policy transmission and key vulnerabilities. (2021). Taboga, Marco ; Moura, Alban ; Migiakis, Petros ; Maddaloni, Angela ; Mazelis, Falk ; Mayordomo, Sergio ; Kaufmann, Christoph ; Matilainen, Jani ; Holm-Hadulla, Federic ; Schober-Rhomberg, Alexandra ; Nicoletti, Giulio ; Tavares, Luis Miguel ; Gulan, Adam ; Corradin, Stefano ; Sedillot, Franck ; Cappiello, Lorenzo ; Ratnovski, Lev ; Behrens, Caterina ; Guazzarotti, Giovanni ; Koskinen, Kimmo ; Pierrard, Olivier ; Asimakopoulos, Ioannis ; Stupariu, Patricia ; Meme, Nicolas ; Avakian, Lucia Kazarian ; Golden, Brian ; Arts, Laura ; Soares, Carla ; Petersen, Annelie ; McCarthy, Barra ; Unger, Robert ; Giuzio, Margherita ; Zaghini, Andrea ; Sigmund, Michael ; Niemela, Juha ; van den
6. Macroprudential policy and the role of institutional investors in housing markets. (2020). Muoz, Manuel A.
   In: Working Paper Series.
   RePEc:ecb:ecbwps:20202454.

   Full description at Econpapers || Download paper

1. Abreu, D. and Brunnermeier, M. K. (2003). Bubbles and crashes. Econometrica, 71(1):173–204.

2. Adrian, T. and Shin, H. S. (2010). Liquidity and leverage. Journal of Financial Intermediation, 19(3):418–437.

3. Alexander, O., Prime, D., and Mellor, R. (2010). Future Newcits regulation? Our view informed by conversations with regulators. The Hedge Fund Journal, 56.
   Paper not yet in RePEc: Add citation now
   
4. American Economic Review, 106(9):2625–57. Shek, J., Shim, I., and Shin, H. S. (2018). Investor redemptions and fund manager sales of emerging market bonds: how are they related? Review of Finance, 22(1):207–241.
   Paper not yet in RePEc: Add citation now
   

5. Ang, A., Gorovyy, S., and Van Inwegen, G. B. (2011). Hedge fund leverage. Journal of Financial Economics, 102(1):102–126.

6. Avalos, F. H., Moreno, R., and Romero, T. (2015). Leverage on the buy side. BIS Working Papers, 597.

7. Bao, J., Pan, J., and Wang, J. (2011). The illiquidity of corporate bonds. The Journal of Finance, 66(3):911–946.

8. BIS Working Papers, 664. Massa, A. and Torres, C. (2019). Liquidity and a ‘lie’: funds confront $30 trillion wall of worry.
   Paper not yet in RePEc: Add citation now
   

9. Bloomberg. Morris, S., Shim, I., and Shin, H. S. (2017). Redemption risk and cash hoarding by asset managers.

10. Boguth, O. and Simutin, M. (2018). Leverage constraints and asset prices: insights from mutual fund risk taking. Journal of Financial Economics, 127(2):325–341.

11. Breuer, P. (2002). Measuring off-balance-sheet leverage. Journal of Banking & Finance, 26(23) :223–242.

12. Chen, Q., Goldstein, I., and Jiang, W. (2010). Payoff complementarities and financial fragility: evidence from mutual fund outflows. Journal of Financial Economics, 97(2):239–262.

13. Chernenko, S. and Sunderam, A. (2016). Liquidity transformation in asset management: evidence from the cash holdings of mutual funds. NBER Working Paper, 22391.

14. Chevalier, J. and Ellison, G. (1997). Risk taking by mutual funds as a response to incentives.

15. Coval, J. and Stafford, E. (2007). Asset fire sales (and purchases) in equity markets. Journal of Financial Economics, 86(2):479–512.

16. Del Guercio, D. and Tkac, P. A. (2002). The determinants of the flow of funds of managed portfolios: mutual funds vs. pension funds. Journal of Financial and Quantitative Analysis, 37(4):523–557.

17. Diamond, D. W. and Dybvig, P. H. (1983). Bank runs, deposit insurance, and liquidity. Journal of Political Economy, 91(3):401–419.

18. ECB Working Paper Series No 2413 / May 2020 Acknowledgements We are particularly thankful to Loriana Pelizzon for extremely helpful discussions and suggestions. We also gratefully thank Karen Braun-Munzinger, Lorenzo Cappiello, Torsten Ehlers, Falko Fecht, Michael Grill, Simeng Han, Jean-Baptiste Haquin, Sujit Kapadia, Steffen Kern, Neill Killeen, Claudia Lambert, Philip R. Lane, Julian Mazzacurati, Fátima Pires, Richard Portes, Jon Relleen, Matt Roberts-Sklar, as well as other participants at seminars and presentations at European Central Bank, European Systemic Risk Board, Financial Stability Board and Bank of England.
    Paper not yet in RePEc: Add citation now
    
19. Edelen, R. M. (1999). Investor flows and the assessed performance of open-end mutual funds.
    Paper not yet in RePEc: Add citation now
    
20. ESMA Report on Trends, Risks and Vulnerabilities, 2:70–76. International Monetary Fund (2018). Global financial stability report: a bumpy road ahead.
    Paper not yet in RePEc: Add citation now
    
21. European Fund and Asset Management Association (2017). Use of leverage in investment funds in Europe. AMIC/EFAMA Joint Paper.
    Paper not yet in RePEc: Add citation now
    
22. Feroli, M., Kashyap, A. K., Schoenholtz, K. L., and Shin, H. S. (2014). Market tantrums and monetary policy. Chicago Booth Research Paper, 14-09.
    Paper not yet in RePEc: Add citation now
    

23. Goldstein, I., Jiang, H., and Ng, D. T. (2017). Investor flows and fragility in corporate bond funds.

24. Haquin, J. B. and Mazzacurati, J. (2016). Synthetic leverage in the asset management industry.
    Paper not yet in RePEc: Add citation now
    

25. Ippolito, R. A. (1992). Consumer reaction to measures of poor quality: evidence from the mutual fund industry. The Journal of Law and Economics, 35(1):45–70.

26. Jiang, H., Li, D., and Wang, A. (2017). Dynamic liquidity management by corporate bond mutual funds. Working Paper.
    Paper not yet in RePEc: Add citation now
    

27. Jin, D., Kacperczyk, M., Kahraman, B., and Suntheim, F. (2019). Swing pricing and fragility in open-end mutual funds. IMF Working Paper, 19(227).

28. Journal of Financial Economics, 126(3):592–613. Goldstein, I. and Pauzner, A. (2005). Demand-deposit contracts and the probability of bank runs.

29. Journal of Political Economy, 105(6):1167–1200. Chordia, T. (1996). The structure of mutual fund charges. Journal of Financial Economics, 41(1):3–39.
    Paper not yet in RePEc: Add citation now
    

30. Lewrick, U. and Schanz, J. F. (2017). Is the price right? Swing pricing and investor redemptions.

31. Luis Molestina Vivar European Central Bank, Frankfurt am Main, Germany; Goethe University Frankfurt; email: luis.molestina_vivar@ecb.europa.eu Michael Wedow European Central Bank, Frankfurt am Main, Germany; email: michael.wedow@ecb.europa.eu Christian Weistroffer European Central Bank, Frankfurt am Main, Germany; email: christian.weistroffer@ecb.europa.eu European Central Bank, 2020 Postal address 60640 Frankfurt am Main, Germany Telephone +49 69 1344 0 Website www.ecb.europa.eu All rights reserved. Any reproduction, publication and reprint in the form of a different publication, whether printed or produced electronically, in whole or in part, is permitted only with the explicit written authorisation of the ECB or the authors.
    Paper not yet in RePEc: Add citation now
    

32. NBER Working Paper, 21162. Robinson, P. M. (1988). Root-n-consistent semiparametric regression. Econometrica, 56(4):931– 954.

33. Schmidt, L., Timmermann, A., and Wermers, R. (2016). Runs on money market mutual funds.

34. Sirri, E. R. and Tufano, P. (1998). Costly search and mutual fund flows. The Journal of Finance, 53(5):1589–1622.

35. The Journal of Finance, 60(3):1293–1327. Greene, J. T. and Hodges, C. W. (2002). The dilution impact of daily fund flows on open-end mutual funds. Journal of Financial Economics, 65(1):131–158.
    Paper not yet in RePEc: Add citation now
    

36. Timmer, Y. (2018). Cyclical investment behavior across financial institutions. Journal of Financial Economics, 129(2):268–286.

37. Wermers, R. (2000). Mutual fund performance: an empirical decomposition into stock-picking talent, style, transactions costs, and expenses. The Journal of Finance, 55(4):1655–1695.

1. The Rand as a Carry Trade Target: Risk, Returns and Policy Implications. (2011). Hassan, Shakill ; Smith, Sean .
   In: Working Papers.
   RePEc:rza:wpaper:235.

   Full description at Econpapers || Download paper

2. Regulatory reform : integrating paradigms. (2009). Ize, Alain ; de la Torre, Augusto.
   In: Policy Research Working Paper Series.
   RePEc:wbk:wbrwps:4842.

   Full description at Econpapers || Download paper

3. Knowledge, Preferences and Shocks in Portfolio Analysis. (2009). Steinbacher, Matjaz.
   In: MPRA Paper.
   RePEc:pra:mprapa:13567.

   Full description at Econpapers || Download paper

4. Speculative Attacks: A Laboratory Study in Continuous Time. (2009). Friedman, Daniel ; Cheung, Yin-Wong.
   In: Working Papers.
   RePEc:hkm:wpaper:072009.

   Full description at Econpapers || Download paper

5. A Computational View of Market Efficiency. (2009). Lo, Andrew ; Hasanhodzic, Jasmina ; Viola, Emanuele .
   In: Papers.
   RePEc:arx:papers:0908.4580.

   Full description at Econpapers || Download paper

6. Caller Number Five and Related Timing Games. (2008). Smith, Lones ; Park, Andreas.
   In: Working Papers.
   RePEc:tor:tecipa:tecipa-317.

   Full description at Econpapers || Download paper

7. Bid-Ask Spreads and Volume:The Role of Trade Timing. (2008). Park, Andreas.
   In: Working Papers.
   RePEc:tor:tecipa:tecipa-309.

   Full description at Econpapers || Download paper

8. Thought and Behavior Contagion in Capital Markets. (2008). Teoh, Siew Hong ; Hirshleifer, David.
   In: MPRA Paper.
   RePEc:pra:mprapa:9164.

   Full description at Econpapers || Download paper

9. Market Bubbles and Chrashes. (2008). Kaizoji, Taisei ; Sornette, Didier.
   In: MPRA Paper.
   RePEc:pra:mprapa:15204.

   Full description at Econpapers || Download paper

10. Deciphering the Liquidity and Credit Crunch 2007-08. (2008). Brunnermeier, Markus.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14612.

    Full description at Econpapers || Download paper

11. Inexperienced Investors and Bubbles. (2008). Nagel, Stefan ; Greenwood, Robin.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14111.

    Full description at Econpapers || Download paper

12. A leverage-based model of speculative bubbles. (2008). Barlevy, Gadi.
    In: Working Paper Series.
    RePEc:fip:fedhwp:wp-08-01.

    Full description at Econpapers || Download paper

13. Speculative growth and overreaction to technology shocks. (2008). Lansing, Kevin.
    In: Working Paper Series.
    RePEc:fip:fedfwp:2008-08.

    Full description at Econpapers || Download paper

14. Venture Capital and Innovation: Which is First?. (2008). Ueda, Masako ; Hirukawa, Masayuki.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:7090.

    Full description at Econpapers || Download paper

15. Strong Bubbles and Common Expected Bubbles in a Finite Horizon Model. (2008). Zheng, Jie.
    In: Levine's Working Paper Archive.
    RePEc:cla:levarc:814577000000000038.

    Full description at Econpapers || Download paper

16. Should Central Banks Burst Bubbles? Some Microeconomic Issues. (2008). Conlon, John.
    In: Levine's Working Paper Archive.
    RePEc:cla:levarc:122247000000002330.

    Full description at Econpapers || Download paper

17. Speculative Attacks: A Laboratory Study in Continuous Time. (2008). Friedman, Daniel ; Cheung, Yin-Wong.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_2420.

    Full description at Econpapers || Download paper

18. Feedback Trading and Intermittent Market Turbulence. (2008). TAMBAKIS, DEMOSTHENES.
    In: Cambridge Working Papers in Economics.
    RePEc:cam:camdae:0847.

    Full description at Econpapers || Download paper

19. Discrete devaluations and multiple equilibria in a first generation model of currency crises. (2007). Broner, Fernando.
    In: Economics Working Papers.
    RePEc:upf:upfgen:839.

    Full description at Econpapers || Download paper

20. WHY BUBBLE-BURSTING IS UNPREDICTABLE: WELFARE EFFECTS OF ANTI-BUBBLE POLICY WHEN CENTRAL BANKS MAKE MISTAKES. (2007). Kai, Guo ; Conlon, John.
    In: MPRA Paper.
    RePEc:pra:mprapa:5927.

    Full description at Econpapers || Download paper

21. Advisors and Asset Prices: A Model of the Origins of Bubbles. (2007). Xiong, Wei ; Scheinkman, Jose ; Hong, Harrison.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:13504.

    Full description at Econpapers || Download paper

22. Imperfect Common Knowledge in First-Generation Models of Currency Crises. (2007). Afonso, Gara.
    In: International Journal of Central Banking.
    RePEc:ijc:ijcjou:y:2007:q:1:a:3.

    Full description at Econpapers || Download paper

23. Rational and near-rational bubbles without drift. (2007). Lansing, Kevin.
    In: Working Paper Series.
    RePEc:fip:fedfwp:2007-10.

    Full description at Econpapers || Download paper

24. Emerging markets in financial globalization: striking the right balance for liberalization. (2007). Watanagase, Tarisa .
    In: Proceedings.
    RePEc:fip:fedfpr:y:2007:x:6.

    Full description at Econpapers || Download paper

25. Strategic Merger Waves: A Theory of Musical Chairs. (2007). Toxvaerd, Flavio.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6159.

    Full description at Econpapers || Download paper

26. SOBRE BURBUJAS DE PRECIOS DE ACTIVOS, EXPECTATIVAS Y EQUILIBRIOS. (2007). Dapena, Jose.
    In: CEMA Working Papers: Serie Documentos de Trabajo..
    RePEc:cem:doctra:361.

    Full description at Econpapers || Download paper

27. Caller Number Five: Timing Games that Morph from One Form to Another. (2006). Smith, Lones ; Park, Andreas.
    In: Cowles Foundation Discussion Papers.
    RePEc:cwl:cwldpp:1554.

    Full description at Econpapers || Download paper

28. Discrete Devaluations and Multiple Equilibria in a First Generation Model of Currency Crises. (2006). Broner, Fernando.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:5876.

    Full description at Econpapers || Download paper

29. Optimal monetary policy in a regime-switching economy: the response to abrupt shifts in exchange rate dynamics. (2006). Zampolli, Fabrizio.
    In: Bank of England working papers.
    RePEc:boe:boeewp:297.

    Full description at Econpapers || Download paper

30. Should Central Banks Burst Bubbles?. (2005). Conlon, John.
    In: Game Theory and Information.
    RePEc:wpa:wuwpga:0508007.

    Full description at Econpapers || Download paper

31. Technological innovation and market turbulence: the dot-com experience. (2005). Wang, Zhu.
    In: Payments System Research Working Paper.
    RePEc:fip:fedkpw:psrwp05-02.

    Full description at Econpapers || Download paper

32. Asset Price Dynamics When Traders Care About Reputation. (2005). Prat, Andrea ; Dasgupta, Amil .
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:5372.

    Full description at Econpapers || Download paper

33. Reputation and Asset Prices: A Theory of Information Cascades and Systematic Mispricing. (2005). Prat, Andrea ; Dasgupta, Amil .
    In: Levine's Bibliography.
    RePEc:cla:levrem:784828000000000368.

    Full description at Econpapers || Download paper

34. Fundamental and Non-Fundamental Equilibria in the Foreign Exchange Market. A Behavioural Finance Framework. (2005). De Grauwe, Paul ; Grimaldi, Marianna ; Dieci, Roberto ; DeGrauwe, Paul.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_1431.

    Full description at Econpapers || Download paper

35. Riding the South Sea bubble. (2004). Voth, Hans-Joachim ; Tenim, Peter.
    In: Economics Working Papers.
    RePEc:upf:upfgen:861.

    Full description at Econpapers || Download paper

36. Predatory Trading. (2004). Pedersen, Lasse ; Brunnermeier, Markus.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:10755.

    Full description at Econpapers || Download paper

37. Shakeouts and Market Crashes. (2004). Jovanovic, Boyan ; barbarino, alessandro.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:10556.

    Full description at Econpapers || Download paper

38. Inference, arbitrage, and asset price volatility. (2004). Adrian, Tobias.
    In: Staff Reports.
    RePEc:fip:fednsr:187.

    Full description at Econpapers || Download paper

39. Predatory Trading. (2004). Pedersen, Lasse ; Brunnermeier, Markus.
    In: Econometric Society 2004 North American Winter Meetings.
    RePEc:ecm:nawm04:425.

    Full description at Econpapers || Download paper

40. Learning the CAPM through Bubbles. (2004). Kedar-Levy, Haim.
    In: Econometric Society 2004 Far Eastern Meetings.
    RePEc:ecm:feam04:775.

    Full description at Econpapers || Download paper

41. Riding the South Sea Bubble. (2004). Voth, Hans-Joachim ; Temin, Peter.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:4221.

    Full description at Econpapers || Download paper

42. Bubbles and Crashes in a Behavioural Finance Model. (2004). De Grauwe, Paul ; Grimaldi, Marianna ; DeGrauwe, Paul.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_1194.

    Full description at Econpapers || Download paper

43. Riding the South Sea Bubble. (2004). Voth, Hans-Joachim ; Temin, Peter.
    In: American Economic Review.
    RePEc:aea:aecrev:v:94:y:2004:i:5:p:1654-1668.

    Full description at Econpapers || Download paper

44. Beauty Contests, Bubbles and Iterated Expectations in Asset Markets Capital Adequacy Regulation: In Search of a Rationale. (2003). Shin, Hyun Song ; Morris, Stephen ; Allen, Franklin.
    In: Center for Financial Institutions Working Papers.
    RePEc:wop:pennin:03-06.

    Full description at Econpapers || Download paper

45. Exchange Monitoring Bands: Theory and Policy. (2003). Zhang, Lei ; Miller, Marcus ; Corrado, Luisa.
    In: CEIS Research Paper.
    RePEc:rtv:ceisrp:8.

    Full description at Econpapers || Download paper

46. Liquidity Black Holes. (2003). Shin, Hyun Song ; Morris, Stephen.
    In: Cowles Foundation Discussion Papers.
    RePEc:cwl:cwldpp:1434.

    Full description at Econpapers || Download paper

47. Beauty Contests, Bubbles and Iterated Expectations in Asset Markets. (2003). Shin, Hyun Song ; Morris, Stephen ; Allen, Franklin.
    In: Cowles Foundation Discussion Papers.
    RePEc:cwl:cwldpp:1406.

    Full description at Econpapers || Download paper

48. Heterogeneity and Uniqueness in Interaction Games. (2003). Shin, Hyun Song ; Morris, Stephen ; Shin. Hyun Song, .
    In: Cowles Foundation Discussion Papers.
    RePEc:cwl:cwldpp:1402.

    Full description at Econpapers || Download paper

49. Financial Market Runs. (2002). welch, ivo.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:9251.

    Full description at Econpapers || Download paper

50. Individual Irrationality and Aggregate Outcomes. (). Tyran, Jean-Robert ; Fehr, Ernst.
    In: IEW - Working Papers.
    RePEc:zur:iewwpx:252.

    Full description at Econpapers || Download paper

Report date: 2024-10-03 05:09:45 || Create a citation alert || Missing content? Let us know