Search Results - "Putniņš, Tālis J."

Sex, Drugs, and Bitcoin: How Much Illegal Activity Is Financed through Cryptocurrencies? by Foley, Sean, Karlsen, Jonathan R., Putniņš, Tālis J.

“…Cryptocurrencies are among the largest unregulated markets in the world. We find that approximately one-quarter of bitcoin users are involved in illegal…”
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High frequency trading and comovement in financial markets by Malceniece, Laura, Malcenieks, Kārlis, Putniņš, Tālis J.

“…Using the staggered entry of Chi-X in 12 European equity markets as a source of exogenous variation in high frequency trading (HFT), we find that HFT causes…”
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The Active World of Passive Investing by Easley, David, Michayluk, David, O’Hara, Maureen, Putniņš, Tālis J

“…Abstract We investigate the new reality of exchange-traded funds (ETFs). We show that most ETFs are active investments in form (designed to generate alpha) or…”
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Why does entrepreneurial orientation affect company performance? by Putniņš, Tālis J., Sauka, Arnis

“…Research summary To better understand why entrepreneurial orientation (EO) is positively associated with company performance, we propose and test a…”
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A New Wolf in Town? Pump-and-Dump Manipulation in Cryptocurrency Markets by Dhawan, Anirudh, Putniņš, Tālis J

“…We investigate the puzzle of widespread participation in cryptocurrency pump-and-dump manipulation schemes. Unlike stock market manipulators, cryptocurrency…”
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Who Sets the Price of Gold? London or New York by Hauptfleisch, Martin, Putniņš, Tālis J., Lucey, Brian

“…We investigate which of the two main centers of gold trading—the London spot market and the New York futures market—plays a more important role in setting the…”
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Asset Pricing with Downside Liquidity Risks by Anthonisz, Sean A., Putnin̦š, Tālis J.

“…We develop a parsimonious liquidity-adjusted downside capital asset pricing model to investigate whether phenomena such as downward liquidity spirals and…”
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Free Markets to Fed Markets: How Modern Monetary Policy Impacts Equity Markets by Putniņš, Tālis J.

“…The US Federal Reserve doubled its balance sheet during the COVID-19 pandemic in the most aggressive unconventional monetary policy on record. I show that the…”
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Harnessing Neuroscientific Insights to Generate Alpha by Payzan-LeNestour, Elise, Doran, James, Pradier, Lionnel, Putniņš, Tālis J.

“…Building on evidence from neuroscience and psychology, we predict that prolonged exposure to high volatility causes market participants to subsequently…”
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Should we be afraid of the dark? Dark trading and market quality by Foley, Sean, Putniņš, Tālis J.

“…We exploit a unique natural experiment—recent restrictions of dark trading in Canada and Australia—and proprietary trade-level data to analyze the effects of…”
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Biased risk perceptions: Evidence from the laboratory and financial markets by Payzan-LeNestour, Elise, Pradier, Lionnel, Putniņš, Tālis J.

“…Applying a well-established neuroscience framework to the issue of investor perception of volatility, we propose that after prolonged exposure to high…”
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Pricing accuracy, liquidity and trader behavior with closing price manipulation by Comerton-Forde, Carole, Putniņš, Tālis J

“…We study the effects of closing price manipulation in an experimental market to evaluate the social harm caused by manipulation. We find that manipulators,…”
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Shorting at close range: A tale of two types by Comerton-Forde, Carole, Jones, Charles M., Putniņš, Tālis J.

“…We examine returns, order flow, and market conditions in the minutes before, during, and after NYSE and Nasdaq short sales. We find two distinct types of short…”
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Dark trading and price discovery by Comerton-Forde, Carole, Putniņš, Tālis J.

“…Regulators globally are concerned that dark trading harms price discovery. We show that dark trades are less informed than lit trades. High levels of dark…”
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Measuring the shadow economy using company managers by Putniņš, Tālis J., Sauka, Arnis

“…•We use surveys of company managers to measure the size of a shadow economy.•We combine misreported business income and misreported wages, as percentage of…”
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What do price discovery metrics really measure? by Putnin, Talis J

“…A market is typically considered to dominate price discovery if it is the first to reflect new information about the fundamental value. Our simulations…”
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MARKET MANIPULATION: A SURVEY by Putnis, Talis J

“…Despite the significant attention that market manipulation has received in recent years many aspects of it are poorly understood. This article identifies from…”
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Algos gone wild: What drives the extreme order cancellation rates in modern markets? by Khomyn, Marta, Putniņš, Tālis J.

“…97% of orders in US stock markets are cancelled before they trade, straining market infrastructure and raising concerns about predatory or manipulative…”
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Stock Price Manipulation: Prevalence and Determinants by Comerton-Forde, Carole, Putniņš, Tālis J.

“…We empirically analyze the prevalence and economic underpinnings of closing price manipulation and its detection. We estimate that ~1% of closing prices are…”
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Economics of State-Owned Enterprises by Putnins, Talis J

“…State-owned enterprises (SOEs) account for a substantial proportion of gross domestic product, employment, and assets in many countries. Based on a review of…”
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