Do ETFs Increase Volatility?
收藏NBER2014-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20071
下载链接
链接失效反馈官方服务：
资源简介：
We study whether exchange traded funds (ETFs)--an asset of increasing importance--impact the volatility of their underlying stocks. Using identification strategies based on the mechanical variation in ETF ownership, we present evidence that stocks owned by ETFs exhibit significantly higher intraday
提供机构：
美国国家经济研究局
创建时间：
2014-04-01
