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The Size and Incidence of the Losses from Noise Trading
16 references·16 citing·31 second hopsampled
The Size and Incidence of the Losses from Noise Trading (1989)The Size and Incidence of the Losses from…A Monetary History of the United States, 1867-1960 (2017)A Monetary History of the Uni…Noise Trader Risk in Financial Markets (1990)Noise Trader Risk in Financia…What Moves Stock Prices? (1988)What Moves Stock Prices?Liquidity and Market Structure (1988)Liquidity and Market StructureModels of business cycles (1987)Models of business cyclesStock return variances (1986)Stock return variancesNoise (1986)NoiseContinuous Auctions and Insider Trading (1985)Continuous Auctions and Insid…Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Bid, ask and transaction pric…The Present-Value Relation: Tests Based on Implied Variance Bounds (1981)The Present-Value Relation: T…Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? (1980)Do Stock Prices Move Too Much…Manias, Panics and Crashes (1978)Manias, Panics and CrashesEssays in Positive Economics (1954)Essays in Positive EconomicsThe General Theory of Employment (1937)The General Theory of Employm…The General Theory of Employment, Interest and Money. (1936)The General Theory of Employm…The General Theory of Employment, Interest and Money. (1936)The General Theory of Employm…The Outbreak of COVID-19 and Stock Market Responses: An Event Study and Panel Data Analysis for G-20 Countries (2020)The Outbreak of COVID-19 and …Aggregate Investment and Investor Sentiment (2014)Aggregate Investment and Inve…The short-run relationship between the financial system and economic growth: New evidence from regional panels (2013)The short-run relationship be…Behavioral Corporate Finance: An Updated Survey (2011)Behavioral Corporate Finance:…Multi-market trading and arbitrage☆ (2010)Multi-market trading and arbi…Information and Learning in Markets: The Impact of Market Microstructure (2008)Information and Learning in M…Speculative Growth: Hints from the U.S. Economy (2004)Speculative Growth: Hints fro…Capital markets and capital allocation: Implications for economies in transition* (2004)Capital markets and capital a…Noise Trading and Exchange Rate Regimes (2002)Noise Trading and Exchange Ra…Overconfidence, Investor Sentiment, and Evolution (2001)Overconfidence, Investor Sent…Do Markets Favor Agents able to Make Accurate Predictions? (2000)Do Markets Favor Agents able …Volatility, Sentiment, and Noise Traders (1999)Volatility, Sentiment, and No…The noise trading approach — questionnaire evidence from foreign exchange (1998)The noise trading approach — …Noise Trading in Small Markets (1996)Noise Trading in Small MarketsInformation Mirages in Experimental Asset Markets (1991)Information Mirages in Experi…Overreaction or Fundamentals: Some Lessons from Insiders' Response to the Market Crash of 1987 (1990)Overreaction or Fundamentals:…Dividend Policy, Growth, and the Valuation of Shares (1961)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Does the Stock Market Overreact? (1985)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Time Series Analysis, Forecasting, and Control (1995)The Behavior of Stock-Market Prices (1965)Stock returns and the weekend effect (1980)A Simple Implicit Measure of the Effective Bid-Ask Spread in an Efficient Market (1984)Simple Technical Trading Rules and the Stochastic Properties of Stock Returns (1992)Do Brokerage Analysts' Recommendations Have Investment Value? (1996)Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk (2001)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Investor Psychology and Security Market Under‐ and Overreactions (1998)Illiquidity and stock returns: cross-section and time-series effects (2002)Market Liquidity and Funding Liquidity (2008)A Monetary History of the United States 1867-1960 (1964)Bank Runs, Deposit Insurance, and Liquidity (1983)Trends and random walks in macroeconomic time series (1988)Inside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)The Limits of Arbitrage (1995)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Giving Content to Investor Sentiment: The Role of Media in the Stock Market (2007)Introduction: epistemic communities and international policy coordination (1992)Postwar U.S. Business Cycles: An Empirical Investigation (1997)Structural causes and regime consequences: regimes as intervening variables (1982)Positive Feedback Investment Strategies and Destabilizing Rational Speculation (1990)Inefficient Markets (2000)Political Parties and Macroeconomic Policy (1977)Dividend yields and expected stock returns (1988)Modelling Asymmetric Cointegration and Dynamic Multipliers in a Nonlinear ARDL Framework (2014)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1936The General Theory of Employment, Interest and Money.14,486 cited
  • 1936The General Theory of Employment, Interest and Money.12,562 cited
  • 1985Continuous Auctions and Insider Trading9,626 cited
  • 1990Noise Trader Risk in Financial Markets6,259 cited
  • 1985Bid, ask and transaction prices in a specialist market with heterogeneously informed traders6,132 cited
  • 1937The General Theory of Employment5,168 cited
  • 1980Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends?4,020 cited
  • 2017A Monetary History of the United States, 1867-19602,467 cited
  • 1986Stock return variances1,813 cited
  • 1978Manias, Panics and Crashes1,800 cited
  • 1986Noise1,783 cited
  • 1988Liquidity and Market Structure1,532 cited
  • 1987Models of business cycles1,509 cited
  • 1981The Present-Value Relation: Tests Based on Implied Variance Bounds1,364 cited
  • 1988What Moves Stock Prices?1,255 cited
  • 1954Essays in Positive Economics1,215 cited

Cited by

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 2000Do Markets Favor Agents able to Make Accurate Predictions?412 cited
  • 2002Noise Trading and Exchange Rate Regimes292 cited
  • 1999Volatility, Sentiment, and Noise Traders276 cited
  • 2010Multi-market trading and arbitrage☆271 cited
  • 2014Aggregate Investment and Investor Sentiment206 cited
  • 2011Behavioral Corporate Finance: An Updated Survey187 cited
  • 2013The short-run relationship between the financial system and economic growth: New evidence from regional panels184 cited
  • 2008Information and Learning in Markets: The Impact of Market Microstructure183 cited
  • 2020The Outbreak of COVID-19 and Stock Market Responses: An Event Study and Panel Data Analysis for G-20 Countries173 cited
  • 1990Overreaction or Fundamentals: Some Lessons from Insiders' Response to the Market Crash of 1987159 cited
  • 2004Capital markets and capital allocation: Implications for economies in transition*159 cited
  • 1991Information Mirages in Experimental Asset Markets157 cited
  • 1998The noise trading approach — questionnaire evidence from foreign exchange156 cited
  • 2001Overconfidence, Investor Sentiment, and Evolution155 cited
  • 1996Noise Trading in Small Markets147 cited
  • 2004Speculative Growth: Hints from the U.S. Economy143 cited