NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

On the Economic Consequences of Index-Linked Investing

Jeffrey Wurgler

NBER Working Paper No. 16376
Issued in September 2010

---- Acknowledgements -----

 I am grateful for helpful comments by Malcolm Baker, John Campbell, Ned Elton, Steve Figlewski, Martin Gruber, Antti Petajisto, William Silber, and Robert Whitelaw. I am also grateful to Randall Morck and Fan Yang for permission to reproduce Figure 3. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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