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(1) Why ETFs Don’t Always Follow Their Underlying Market (5 min read) In this week’s Deep Dive, Sam van de Schootbrugge reviews a new Journal of Finance paper on US ETF illiquidity. The results indicate that lower liquidity hinders index tracking, increases price volatility and makes investors more susceptible to market risks.
(Sam van de Schootbrugge │ 7th October, 2020)
Green Asset Pricing (ECB, 35 page read)
Regional Heterogeneity and US Presidential Elections (INET, 35 page read)
Fifty Shades of QE: Central Bankers Versus Academic (VoxEU, 3 min read)
One Belt, One Road, One Way? (Maastricht University, 23 page read)
Unemployed With Jobs and Without Jobs (NBER, 18 page read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)