Three Essays on the Interaction Between Product Markets and Financial Markets
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This dissertation contains three independent essays. The first two essays look at the informational role of stock prices and its impact on the real economy. The
Do financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard
This thesis consists of three essays on financial markets, product markets, information markets, and their interaction. Chapter 1 offers an introduction of the