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On the Effects of Restricting Short-Term Investment
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References

  • 1980On the Impossibility of Informationally Efficient Markets3,640 cited
  • 1993Market Liquidity and Performance Monitoring1,717 cited
  • 1992Herd on the Street: Informational Inefficiencies in a Market with Short‐Term Speculation1,088 cited
  • 2012The Real Effects of Financial Markets899 cited
  • 2013The High-Frequency Trading Arms Race: Frequent Batch Auctions as a Market Design Response886 cited
  • 2012High Frequency Trading and the New-Market Makers807 cited
  • 1985A Noisy Rational Expectations Equilibrium for Multi-Asset Securities Markets779 cited
  • 1978A Proposal for International Monetary Reform707 cited
  • 2009Information Acquisition and Under-Diversification663 cited
  • 1997Stock Market Efficiency and Economic Efficiency: Is There a Connection?634 cited
  • 2016A Rational Theory of Mutual Funds' Attention Allocation559 cited
  • 2015Equilibrium fast trading536 cited
  • 1989Disclosure Decisions by Firms and the Competition for Price Efficiency434 cited
  • 2012On the Timing and Pricing of Dividends431 cited
  • 1992Periodic market closure and trading volume426 cited
  • 2000

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Order Flow, Transaction Clock, and Normality of Asset Returns
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