Michael S. Pagano
YOU?
Author Swipe
View article: The Impact of Risk, Uncertainty, and the Perceived Threat of Terrorist Attacks on Equity Markets
The Impact of Risk, Uncertainty, and the Perceived Threat of Terrorist Attacks on Equity Markets Open
View article: Of Seesaws and Swings: The Market-Wide Impact of Levered ETF Rebalancing During Stressful Times
Of Seesaws and Swings: The Market-Wide Impact of Levered ETF Rebalancing During Stressful Times Open
View article: The Role of Japanese Corporate Governance Features in Explaining Rating Differences between Global and Japanese Rating Agencies
The Role of Japanese Corporate Governance Features in Explaining Rating Differences between Global and Japanese Rating Agencies Open
View article: The Role of Investor Sentiment in Bank Liquidity Creation
The Role of Investor Sentiment in Bank Liquidity Creation Open
View article: Operational Shorting and ETF Liquidity Provision
Operational Shorting and ETF Liquidity Provision Open
View article: Of Seesaws and Swings: The Market-wide Impact of Levered ETF Rebalancing during Stressful Times
Of Seesaws and Swings: The Market-wide Impact of Levered ETF Rebalancing during Stressful Times Open
View article: Economics and the Equity Market: A Microeconomics Course Application
Economics and the Equity Market: A Microeconomics Course Application Open
Economics encompasses two broad subjects: macroeconomics and microeconomics. Macroeconomics deals with an economy in aggregate and addresses issues such as inflation, unemployment, interest rates, and economic growth. We present a macroeco…
View article: Liquidity, Trading, and Price Determination in Equity Markets: A Finance Course Application
Liquidity, Trading, and Price Determination in Equity Markets: A Finance Course Application Open
Trading is the implementation of an investment decision. After a portfolio decision has been made by a portfolio manager, it must be implemented, and especially for handling large orders and navigating stressful markets, specific skills an…
View article: Experiencing Market Dynamics with TraderEx: A Trading Decision-Making Simulation
Experiencing Market Dynamics with TraderEx: A Trading Decision-Making Simulation Open
Trading education is vital for success in the securities and investments industry. Are apprenticeships and time on an institutional trading desk the only way to learn how to trade? Do you need to work with real orders and have real money a…
View article: Liquidity, Markets and Trading in Action
Liquidity, Markets and Trading in Action Open
This open access textbook provides undergraduate and graduate students with a hands-on understanding of trading, investing and portfolio management.
View article: Liquidity and the Impact of Information Shocks: A Macroeconomics Course Application
Liquidity and the Impact of Information Shocks: A Macroeconomics Course Application Open
This chapter explains how “information shocks” can affect the liquidity of financial markets and stock prices. The focus is on unexpected macroeconomic news as a key type of information shock. The final portion of the chapter discusses som…
View article: Trading and Technology: An Information Systems Course Application
Trading and Technology: An Information Systems Course Application Open
Financial markets today are highly computerized -- from software-driven order submission to price determination to straight-through clearing and settlement -- computer technology has displaced manual activities and streamlined functions th…
View article: How did Retail Investors Respond to the COVID-19 Pandemic? The Effect of Robinhood Brokerage Customers on Market Quality
How did Retail Investors Respond to the COVID-19 Pandemic? The Effect of Robinhood Brokerage Customers on Market Quality Open
View article: Bitcoin and the Demand for Money: Is Bitcoin More Than Just a Speculative Asset?
Bitcoin and the Demand for Money: Is Bitcoin More Than Just a Speculative Asset? Open
View article: ETF Short Interest and Failures-to-Deliver: Naked Short-Selling or Operational Shorting?
ETF Short Interest and Failures-to-Deliver: Naked Short-Selling or Operational Shorting? Open
View article: Applying the Empirical Average Cost of Capital: Estimating the Cost of Funds at the Firm and Industry Levels
Applying the Empirical Average Cost of Capital: Estimating the Cost of Funds at the Firm and Industry Levels Open
View article: Criteri di Gestione Obbligatori in materia di “Identificazione e registrazione animali” (Atto A7, Atto A8): monitoraggio delle modalita di adempimento e relativi costi in quattro allevamenti italiani
Criteri di Gestione Obbligatori in materia di “Identificazione e registrazione animali” (Atto A7, Atto A8): monitoraggio delle modalita di adempimento e relativi costi in quattro allevamenti italiani Open
View article: Criteri di Gestione Obbligatori in materia di “Identificazione e registrazione animali” (Atto A7, Atto A8): monitoraggio delle modalità di adempimento e relativi costi in quattro allevamenti italiani
Criteri di Gestione Obbligatori in materia di “Identificazione e registrazione animali” (Atto A7, Atto A8): monitoraggio delle modalità di adempimento e relativi costi in quattro allevamenti italiani Open