On the Possibility of Stock Market Crashes in the Absence of Portfolio Insurance
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References listed on IDEAS
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More about this item
KeywordsGiffen Effect; Portfolio Insurance; Hedging Demand; Market Crashes;
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
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