Citation:
Hong, Harrison, and Jeremy C Stein. 2003. “Differences of Opinion, Short-Sales Constraints and Market Crashes.” Review of Financial Studies 16 (Summer): 487-525.
 | rfs-2003.pdf | 240 KB |
Recent Publications
- The Evolution of Banking in the 21st Century: Evidence and Regulatory Implications
- A Quantity-Driven Theory of Term Premia and Exchange Rates
- Monetary Policy When the Central Bank Shapes Financial-Market Sentiment
- U.S. Treasury Markets: Steps Toward Increased Resilience
- Can Policy Tame the Credit Cycle?
- Banking, Trade, and the Making of a Dominant Currency
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