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Stock Market Efficiency and Economic Efficiency: Is There a Connection?
16 references·16 citing·32 second hopsampled
Stock Market Efficiency and Economic Efficiency: Is There a Connection? (1997)Stock Market Efficiency and Economic Effi…The Use of Knowledge in Society (1996)The Use of Knowledge in Socie…Market Liquidity and Performance Monitoring (1993)Market Liquidity and Performa…Financial intermediary-coalitions (1986)Financial intermediary-coalit…Continuous 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…Financial Intermediation and Delegated Monitoring (1984)Financial Intermediation and …Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)Tobin's Marginal q and Averag…On the aggregation of information in competitive markets (1980)On the aggregation of informa…The Visible Hand: The Managerial Revolution in American Business (1978)The Visible Hand: The Manager…The Visible Hand: The Managerial Revolution in American Business (1978)The Visible Hand: The Manager…The Private and Social Value of Information and the Reward to Inventive Activity (1978)The Private and Social Value …Informational Asymmetries, Financial Structure, and Financial Intermediation (1977)Informational Asymmetries, Fi…INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)INFORMATIONAL ASYMMETRIES, FI…Foundations of Finance. (1977)Foundations of Finance.A General Equilibrium Approach To Monetary Theory (1969)A General Equilibrium Approac…The Role of Securities in the Optimal Allocation of Risk-bearing (1964)The Role of Securities in the…Do Foreign Institutional Investors Improve Price Efficiency? (2020)Do Foreign Institutional Inve…Do Corporate Social Responsibility Engagements Lead to Real Environmental, Social, and Governance Impact? (2020)Do Corporate Social Responsib…Big Data as a Governance Mechanism (2018)Big Data as a Governance Mech…Policy Uncertainty, Investment, and the Cost of Capital (2017)Policy Uncertainty, Investmen…Does Algorithmic Trading Reduce Information Acquisition? (2017)Does Algorithmic Trading Redu…Have financial markets become more informative? (2016)Have financial markets become…Does stock price informativeness affect labor investment efficiency? (2016)Does stock price informativen…Firm life cycle, corporate risk‐taking and investor sentiment (2015)Firm life cycle, corporate ri…Trading frenzies and their impact on real investment (2013)Trading frenzies and their im…Individual Investor Trading and Return Patterns around Earnings Announcements (2012)Individual Investor Trading a…Cross-Listing, Investment Sensitivity to Stock Price, and the Learning Hypothesis (2012)Cross-Listing, Investment Sen…Market-Based Corrective Actions (2009)Market-Based Corrective Actio…Manipulation and the Allocational Role of Prices (2008)Manipulation and the Allocati…The timing of initial public offerings (2004)The timing of initial public …Financial Intermediation (2003)Financial IntermediationInformation Externalities and the Role of Underwriters in Primary Equity Markets (2002)Information Externalities and…Efficient Capital Markets: A Review of Theory and Empirical Work (1970)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)The arbitrage theory of capital asset pricing (1976)Moral Hazard and Observability (1979)Bank Runs, Deposit Insurance, and Liquidity (1983)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Intermediation, Loanable Funds, and The Real Sector (1997)Job Market Signaling (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Time to Build and Aggregate Fluctuations (1982)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Impact of Uncertainty Shocks (2009)Information Technology and the U.S. Economy (2001)Nursery Cities: Urban Diversity, Process Innovation, and the Life Cycle of Products (2001)Does female representation in top management improve firm performance? A panel data investigation (2012)Comparative Economic Organization: The Analysis of Discrete Structural Alternatives (1991)A Dynamic Theory of Organizational Knowledge Creation (1994)The New Institutional Economics: Taking Stock, Looking Ahead (2000)Noise Trader Risk in Financial Markets (1990)First-mover advantages (1988)Introduction: epistemic communities and international policy coordination (1992)Notes on the theory of the actor-network: Ordering, strategy, and heterogeneity (1992)Property Rights and the Nature of the Firm (1990)The future of employment: How susceptible are jobs to computerisation? (2016)Initial Public Offerings and Underwriter Reputation (1990)The Economic Consequences of Legal Origins (2008)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1985Continuous Auctions and Insider Trading9,626 cited
  • 1984Financial Intermediation and Delegated Monitoring8,393 cited
  • 1996The Use of Knowledge in Society6,434 cited
  • 1985Bid, ask and transaction prices in a specialist market with heterogeneously informed traders6,132 cited
  • 1969A General Equilibrium Approach To Monetary Theory5,340 cited
  • 1978The Visible Hand: The Managerial Revolution in American Business4,538 cited
  • 1977INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION4,056 cited
  • 1977Informational Asymmetries, Financial Structure, and Financial Intermediation3,772 cited
  • 1982Tobin's Marginal q and Average q: A Neoclassical Interpretation3,178 cited
  • 1978The Visible Hand: The Managerial Revolution in American Business2,345 cited
  • 1993Market Liquidity and Performance Monitoring1,717 cited
  • 1978The Private and Social Value of Information and the Reward to Inventive Activity1,571 cited
  • 1986Financial intermediary-coalitions1,439 cited
  • 1980On the aggregation of information in competitive markets1,247 cited
  • 1964The Role of Securities in the Optimal Allocation of Risk-bearing1,172 cited

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

  • 1977Foundations of Finance.1,128 cited
  • Cited by

    • 2008Manipulation and the Allocational Role of Prices540 cited
    • 2016Have financial markets become more informative?409 cited
    • 2018Big Data as a Governance Mechanism383 cited
    • 2012Individual Investor Trading and Return Patterns around Earnings Announcements383 cited
    • 2003Financial Intermediation361 cited
    • 2017Policy Uncertainty, Investment, and the Cost of Capital343 cited
    • 2012Cross-Listing, Investment Sensitivity to Stock Price, and the Learning Hypothesis336 cited
    • 2020Do Corporate Social Responsibility Engagements Lead to Real Environmental, Social, and Governance Impact?298 cited
    • 2009Market-Based Corrective Actions278 cited
    • 2013Trading frenzies and their impact on real investment277 cited
    • 2017Does Algorithmic Trading Reduce Information Acquisition?268 cited
    • 2016Does stock price informativeness affect labor investment efficiency?256 cited
    • 2004The timing of initial public offerings250 cited
    • 2015Firm life cycle, corporate risk‐taking and investor sentiment248 cited
    • 2020Do Foreign Institutional Investors Improve Price Efficiency?240 cited
    • 2002Information Externalities and the Role of Underwriters in Primary Equity Markets236 cited