WebbI describe asset price dynamics caused by the slow movement of investment capital to trading opportunities. The pattern of price responses to supply or demand shocks typically involves a sharp reaction to the shock and a subsequent and more extended reversal. The amplitude of the immediate price impact and the pattern of the subsequent recovery ... WebbSlow Capital, Fast Prices: Shocks to Funding Liquidity and Stock Price Reversals Stefan Gissler Economics 2015 A V-shaped price pattern is often observed in financial markets - in response to a negative shock, prices fall "too far" before reversing course. This paper looks at one particular channel of such… Expand 4 PDF
Slow-moving capital and execution costs: Evidence from a major …
Webb1 maj 2007 · Slow-Moving Capital Unlike textbook arbitrageurs who instantaneously trade when prices deviate from fundamental values, real-world arbitrageurs must overcome various frictions. For example, they often invest other people’s money, resulting in a principal/agent problem that is exacerbated in market downturns. WebbThis paper studies the effects that delay in capital allocations in the stock market and high short-term trading incentives have on returns of this market. We report that capital … fly high chicago
My Plan Headed into CPI & FOMC Minutes
Webb1 feb. 2007 · Slow Moving Capital February 2007 American Economic Review DOI: 10.1257/aer.97.2.215 RePEc Authors: Lasse Heje Pedersen New York University Mark Mitchell CNH Partners Todd Pulvino Abstract and... Webb15 juli 2010 · I describe asset price dynamics caused by the slow movement of investment capital to trading opportunities. The pattern of price responses to supply or demand shocks typically involves a sharp reaction to the shock and a subsequent and more extended reversal. WebbThe key is to build a cash management culture that revolves around improving your accounts receivable, accounts payable and inventory management processes. This final installment of the series focuses on freeing up working capital through the optimization of inventory management. 2 Managing the inventory balancing act fly high clipart