The Role of Institutional Investors in Propagating the Crisis of 2007–2008

Alberto Manconi, Massimo Massa & Ayako Yasuda
Published Date
Copyright 2012
DOI 10.1016/j.jfineco.2011.05.011
Book: Market Institutions and Financial Market Risk
Book organizers: Mark Carey, Anil Kashyap, Raghuram Rajan & René Stulz
PUBLISHER: Journal of Financial Economics 104 (3)

You may be able to download this chapter for free via the Document Object Identifier.

Purchase Book

Related

Topics

Financial Economics
Portfolio Selection and Asset Pricing
Financial Institutions

Published From Paper

The Behavior of Intoxicated Investors: The role of institutional investors in propagating the crisis of 2007-2008
- Working Paper
Using a novel data of institutional investors' bond holdings, we examine a transmission of the crisis of 2007-2008...

More from the NBER

In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Health, and the Bulletin on Entrepreneurship — as well as online conference reports, video lectures, and interviews.

2025, 17th Annual Feldstein Lecture, N. Gregory Mankiw," The Fiscal Future"
2025, 17th Annual Feldstein Lecture, N. Gregory Mankiw," The Fiscal Future"
  • Feldstein Lecture
N. Gregory Mankiw, Robert M. Beren Professor of Economics at Harvard University, presented the 2025 Martin Feldstein...
2025 Methods Lecture, Raj Chetty, "Uncovering Causal Mechanisms: Mediation Analysis and Surrogate Indices"
2025, Methods Lecture, Raj Chetty and Kosuke Imai, "Uncovering Causal Mechanisms: Mediation Analysis and Surrogate Indices"
  • Methods Lectures
SlidesBackground materials on mediationImai, Kosuke, Dustin Tingley, and Teppei Yamamoto. (2013). “Experimental Designs...
2025 International Trade and Macroeconomics, "Panel on The Future of the Global Economy"
2025 International Trade and Macroeconomics, "Panel on The Future of the Global Economy"
  • Panel Discussion
Supported by the Alfred P. Sloan Foundation grant #G-2023-19633, the Lynde and Harry Bradley Foundation grant #20251294...