Matches in SemOpenAlex for { <https://semopenalex.org/work/W2154463346> ?p ?o ?g. }
- W2154463346 endingPage "195" @default.
- W2154463346 startingPage "195" @default.
- W2154463346 abstract "We examine whether the market demand curve for equities is dawnward sloping. Unlike previous studies that examine individual stocks' demand curves, we look at the aggregate demand curve. As a proxy for aggregate demand, we employ equity mutual fund flows. Unlike previous studies that focus on events that are unlikely to convey new information to the market, we devise an empirical framework that disentangles the price-pressure effect and the information effect. We do not find evidence for the price-pressure effect that equity fund flows directly affect stock market prices in the presence of fundamentals of firms. Instead, we find that equity fund flows seem to be influenced by the performance of the stock market and that investors try to forecast fundamentals of firms and change their demand for stocks accordingly. Overall, these findings are with a horizontal market demand curve for equities." @default.
- W2154463346 created "2016-06-24" @default.
- W2154463346 creator A5034074714 @default.
- W2154463346 creator A5046492417 @default.
- W2154463346 date "2001-06-01" @default.
- W2154463346 modified "2023-09-25" @default.
- W2154463346 title "The Market Demand Curve for Common Stocks: Evidence from Equity Mutual Fund Flows" @default.
- W2154463346 cites W150573749 @default.
- W2154463346 cites W1600496489 @default.
- W2154463346 cites W1974506353 @default.
- W2154463346 cites W1975161917 @default.
- W2154463346 cites W1975994995 @default.
- W2154463346 cites W2014256903 @default.
- W2154463346 cites W2034712491 @default.
- W2154463346 cites W2040705100 @default.
- W2154463346 cites W2042651651 @default.
- W2154463346 cites W2043541271 @default.
- W2154463346 cites W2052758069 @default.
- W2154463346 cites W2057708841 @default.
- W2154463346 cites W2062122835 @default.
- W2154463346 cites W2062535978 @default.
- W2154463346 cites W2071610631 @default.
- W2154463346 cites W2080840193 @default.
- W2154463346 cites W2095149943 @default.
- W2154463346 cites W2097580026 @default.
- W2154463346 cites W2110603299 @default.
- W2154463346 cites W2116655867 @default.
- W2154463346 cites W2128475248 @default.
- W2154463346 cites W2130428347 @default.
- W2154463346 cites W2131741144 @default.
- W2154463346 cites W2136500787 @default.
- W2154463346 cites W2142635246 @default.
- W2154463346 cites W2143428876 @default.
- W2154463346 cites W2146287001 @default.
- W2154463346 cites W2153507057 @default.
- W2154463346 cites W2165969148 @default.
- W2154463346 cites W2168175751 @default.
- W2154463346 cites W2177027786 @default.
- W2154463346 cites W3121799010 @default.
- W2154463346 cites W3122329553 @default.
- W2154463346 cites W3122364416 @default.
- W2154463346 cites W3123822975 @default.
- W2154463346 cites W3124466994 @default.
- W2154463346 cites W3124485385 @default.
- W2154463346 cites W3125017137 @default.
- W2154463346 doi "https://doi.org/10.2307/2676271" @default.
- W2154463346 hasPublicationYear "2001" @default.
- W2154463346 type Work @default.
- W2154463346 sameAs 2154463346 @default.
- W2154463346 citedByCount "59" @default.
- W2154463346 countsByYear W21544633462012 @default.
- W2154463346 countsByYear W21544633462013 @default.
- W2154463346 countsByYear W21544633462014 @default.
- W2154463346 countsByYear W21544633462015 @default.
- W2154463346 countsByYear W21544633462016 @default.
- W2154463346 countsByYear W21544633462017 @default.
- W2154463346 countsByYear W21544633462018 @default.
- W2154463346 countsByYear W21544633462019 @default.
- W2154463346 countsByYear W21544633462020 @default.
- W2154463346 countsByYear W21544633462021 @default.
- W2154463346 countsByYear W21544633462023 @default.
- W2154463346 crossrefType "journal-article" @default.
- W2154463346 hasAuthorship W2154463346A5034074714 @default.
- W2154463346 hasAuthorship W2154463346A5046492417 @default.
- W2154463346 hasConcept C10138342 @default.
- W2154463346 hasConcept C106159729 @default.
- W2154463346 hasConcept C144133560 @default.
- W2154463346 hasConcept C162324750 @default.
- W2154463346 hasConcept C17744445 @default.
- W2154463346 hasConcept C199539241 @default.
- W2154463346 hasConcept C199728807 @default.
- W2154463346 hasConcept C2777064782 @default.
- W2154463346 hasConcept C556758197 @default.
- W2154463346 hasConceptScore W2154463346C10138342 @default.
- W2154463346 hasConceptScore W2154463346C106159729 @default.
- W2154463346 hasConceptScore W2154463346C144133560 @default.
- W2154463346 hasConceptScore W2154463346C162324750 @default.
- W2154463346 hasConceptScore W2154463346C17744445 @default.
- W2154463346 hasConceptScore W2154463346C199539241 @default.
- W2154463346 hasConceptScore W2154463346C199728807 @default.
- W2154463346 hasConceptScore W2154463346C2777064782 @default.
- W2154463346 hasConceptScore W2154463346C556758197 @default.
- W2154463346 hasIssue "2" @default.
- W2154463346 hasLocation W21544633461 @default.
- W2154463346 hasOpenAccess W2154463346 @default.
- W2154463346 hasPrimaryLocation W21544633461 @default.
- W2154463346 hasRelatedWork W1541807514 @default.
- W2154463346 hasRelatedWork W2002387390 @default.
- W2154463346 hasRelatedWork W2017743522 @default.
- W2154463346 hasRelatedWork W2108954098 @default.
- W2154463346 hasRelatedWork W2755602841 @default.
- W2154463346 hasRelatedWork W2778542558 @default.
- W2154463346 hasRelatedWork W3122560031 @default.
- W2154463346 hasRelatedWork W4255972572 @default.
- W2154463346 hasRelatedWork W4372328898 @default.
- W2154463346 hasRelatedWork W4378174678 @default.
- W2154463346 hasVolume "36" @default.
- W2154463346 isParatext "false" @default.