Blar i Publikasjoner fra CRIStin - BI på forfatter "Nenov, Plamen"
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The Choice Channel of Financial Innovation
Nenov, Plamen; Iachan, Felipe S.; Simsek, Alp (Journal article; Peer reviewed, 2021)Financial innovation in recent decades has expanded portfolio choice. We investigate how greater choice affects investors' savings and asset returns. We establish a choice channel by which greater portfolio choice increases ... -
Stock Market Wealth and the Real Economy: A Local Labor Market Approach
Chodorow-Reich, Gabriel; Nenov, Plamen; Simsek, Alp (Journal article; Peer reviewed, 2021)We provide evidence of the stock market consumption wealth effect by using a local labor market analysis. An increase in local stock wealth driven by aggregate stock prices increases local employment and payroll in nontradable ...