The Shift from Active to Passive and its Effect on Intraday Stock Dynamics
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DOI: 10.1016/j.jbankfin.2022.106595
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More about this item
Keywords
Exchange Traded Funds; Clientele effects; Market microstructure; Fund flows;All these keywords.
JEL classification:
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
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