Xavier Gabaix "In Search of the Origins of Financial Fluctuations" (Virtual Finance Workshop)

Xavier Gabaix presents his work with Ralph Koijen on "In Search of the Origins of Financial Fluctuations" in the Virtual Finance Workshop.
The Virtual Finance Workshop: www.virtualfina...

[@dengxinkai]

very good article

[@evyatarmeler]

As you said companies can sell more shares to the public ... so suppose more money enter the stock market and in parallel companies sell more shares ... the total effect is small and all the theory go broke

[@davidadanja1743]

Interesting yet incomplete