Séminaires de recherche

The Economic Impact of Index Investing

Finance

Intervenant : Matthew Ringgenberg
The University of Utah

30 mars 2017 - T004 - De 14h00 à 15h15

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We examine the impact of index investing on rm performance by examining the link between commodity indices and rms that use index commodities. Starting in 2004 there was a dramatic increase in commodity index investing, an event referred to as the nancialization of commodity markets. After nancialization, rms that use index commodities make worse production decisions and earn lower pro ts. Consistent with a feedback channel in which market participants learn from prices, our results suggest that index investing in nancial markets distorts the price signal thereby generating a negative externality that impedes rms' ability to make production decisions.

Finance

Intervenant : Matthieu Bouvard
Desautels Faculty of Management

14 juin 2018 - De 14h00 à 15h15


Finance

Intervenant : Mikhail Simutin
Rotman School of Management

7 juin 2018 - De 14h00 à 15h15


Finance

Intervenant : Liyan Yang
Rotman School of Management

31 mai 2018 - De 14h00 à 15h15


Finance

Intervenant : Anton Lines
Columbia Business School

24 mai 2018 - De 14h00 à 15h15


Finance

Intervenant : Ian Martin
LSE

17 mai 2018 - De 14h00 à 15h15



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