Article ID Journal Published Year Pages File Type
983396 The Quarterly Review of Economics and Finance 2013 9 Pages PDF
Abstract
► We study the effects of insider trading in a two-tier real market structure model. ► The two-tier structure affects the stock price and the stock pricing rule. ► The two-tier model restricts the influence of the insider on the final good market. ► We then add a second insider and study its effects on the benchmark model. ► Competition in the financial market affects both the real and financial variables.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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