Francesco Sangiorgi
Institution
The Frankfurt School of Finance & Management
PhD Year
2007
f.sangiorgi@fs.de
FTG Membership
Senior Member
Website
https://francescosangiorgi.com/
Featured Work
Jun 24, 2024
Hysteresis in price efficiency and the economics of slow moving capital
Will arbitrage capital flow into markets experiencing shocks, mitigating adverse effects on price efficiency? Not necessarily. In a dynamic model with privately informed capital-constrained arbitrageurs, price efficiency plays a dual...
Dec 15, 2023
The Short-Termism Trap: Catering to Informed Investors with Limited Horizons
Does the stock market exert short-term pressure on listed firms, do they respond, and is this response value reducing? We show that limited investor horizons indeed have those consequences, as...
