Evaluating Stock Trading Practices and Their Regulation

Evaluating Stock Trading Practices and Their Regulation

This PDF book covers the following topics related to Stock Trading : Introduction, the Use of the Economy’s Existing Productive Capacity, the Allocation of Capital, the Allocation of Resources Over Time, the Allocation of Risk, Additional Considerations, Conclusion.

Author(s): Merritt B. Fox, Kevin S. Haeberle

29 Pages

The Stock Market and Investment Harvard

This PDF has contents related to Stock Trading. In this paper, they try to address empirically the broader question of how the stock market affects investment. They identify four theories that explain the correlation between stock returns and subsequent investment. The first says that the stock market is a passive predictor of future activity that managers do not rely on to make investment decisions. The second theory says that, in making investment decisions, managers rely on the stock market as a source of information, which may or may not be correct about future fundamentals. The third theory, which is perhaps the most common view of the stock market's influence, says that the stock market affects investment through its influence on the cost of funds and external financing. Finally, the fourth theory says that the stock market exerts pressure on investment quite aside from its informational and financing role, because managers have to cater to investors' opinions in order to protect their livelihood.

Author(s): Randall Morck, University of Alberta, Andrei Shleifer, Harvard University, Robert W. Vishny, University of Chicago

59 Pages

Advanced Topics in International Trade Firms and International Trade

This note focuses on a firm-level approach to international trade and on selected topics in trade policy. Topics covered includes: Firms and the Decision to Export, Firms and the Decision to Invest Abroad, Intermission: The Boundaries of The Firm, Trade and Organizational Form.

Author(s): Pol Antras

210 Pages

Stock Market Trading Volume

This guide tries to balance the asset-pricing literature by reviewing the quantity implications of a dynamic general equilibrium model of asset markets under uncertainty, and investigating those implications empirically. Topics covered includes: Measuring Trading Activity, The Data, Time-Series Properties, Cross-Sectional Properties, Volume Implications of Portfolio Theory, Volume Implications of Intertemporal Asset-Pricing Models.

Author(s): Andrew W. Lo and Jiang Wang

102 Pages