Financial Intermediation, Heterogeneous Investors, and Asset Pricing

This dissertation consists of three essays in financial intermediation, heterogeneous agents, and asset pricing. In the first essay, I extract mutual fund flows that respond to the active change in equity share of mutual funds and show that they have significant predictability of market return. Thes...

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Bibliographic Details
Main Author: Cho, Jaehyun
Language:English
Published: 2015
Subjects:
Online Access:https://doi.org/10.7916/D8QR4WNX