Common ownership and market entry in the pharmaceutical industry
Albert Banal-Estañol, Melissa Newham, and Jo Seldeslachts provide evidence on the impact of common ownership on generic drug entry in US pharmaceutical markets.
Topic Archive: Financial Markets
Why do firms’ investment strategies shift due to analyst reports?
Bing Guo, David Pérez-Castrillo, and Anna Toldrà-Simats contribute to the understanding of the effects of analyst coverage on firms’ innovation strategy and outcome by isolating the information effect from the pressure effect.
Narrow Banking with Modern Depository Institutions
Hugo Rodríguez shows how narrow banking could be implemented without affecting intermediation by depository institutions.
Political connections: evidence from insider trading around TARP
Özlem Akin, Nicholas S. Coleman, Christian Fons-Rosen and José-Luis Peydró use insider trading data to determine whether political connections led to private information flows from regulators to bankers before bank-specific TARP bailout decisions were made public.
