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 : Xavier Gabaix

13 juin 2019 - De 14h00 à 15h15


Finance

Intervenant : Adriano Rampini

23 mai 2019 - T105 - De 14h00 à 15h15


Finance

Intervenant : Luke Taylor

16 mai 2019 - T105 - De 14h00 à 15h15


Finance

Intervenant : Jessica Jeffers

18 avril 2019 - T104 - De 14h00 à 15h15


Finance

Intervenant : Emil Verner

4 avril 2019 - T104 - De 14h00 à 15h15


Contacts  

Département Finance 

Campus HEC Paris
1, rue de la Libération
78351 Jouy-en-Josas cedex
France

Faculté  

Bruno HUSSON

Finance

Voir le CV

4th Annual HEC Paris Workshop Preliminary Program “Banking, Finance, Macroeconomics and the Real Economy”  


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