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Thesis

Essays in finance

Abstract:

This thesis presents three empirical analyses that contribute to our understanding of how financial securities and intermediaries facilitate the allocation of resources between firms, consumers, and the government. Each paper investigates a distinct asset class and aspect of the resource allocation problem. The first paper explores the role of information in financial markets and the wisdom of crowds. The analysis uses a recently developed statistical technique to infer overlap in informat...

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Division:
SSD
Department:
Saïd Business School
Role:
Author
Type of award:
DPhil
Level of award:
Doctoral
Awarding institution:
University of Oxford

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