We are grateful for reactions at Oxford University, the Gerzensee European Summer Symposium in Financial Markets, the University of Toulouse, The London School of Economics, London Business School, Yale University, NBER Asset Pricing Conference, Columbia University, Northwestern University, and especially for comments from Bruno Biais, Eddie Dekel, Julien Hugonnier, Jean-Charles Rochet, Larry Samuelson, Avanidhar (Subra) Subrahmanyam, Jean Tirole, Dimitri Vayanos, and Glen Weyl. The advice of the editor and several anonymous referees was very useful. We are thankful for the research assistance of Sergey Lobanov and Felipe Veras. Strulovici acknowledges financial support from the National Science Foundation Grant 1151410.
Capital Mobility and Asset Pricing
Version of Record online: 26 NOV 2012
© 2012 The Econometric Society
Volume 80, Issue 6, pages 2469–2509, November 2012
How to Cite
Duffie, D. and Strulovici, B. (2012), Capital Mobility and Asset Pricing. Econometrica, 80: 2469–2509. doi: 10.3982/ECTA8822
- Issue online: 26 NOV 2012
- Version of Record online: 26 NOV 2012
- Manuscript received September, 2009; final revision received January, 2012.
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