Friday, August 19, 2011, 8:30-10:15 am; Market Microstructure
Leverage and Price Discovery - C7

Session Chair: Michael Gallmeyer, University of Virginia

• Is There Price Discovery In Equity Options? PDF
  John Broussard¹, Dmitriy Muravyev², Neil Pearson²
  Rutgers University-Camden¹; University of Illinois at Urbana-Champaign²
  
  • Discussant: Greg Bauer, Bank of Canada

• Capital Structure, Derivatives and Equity Market Quality PDF
  Ekkehart Boehmer¹, Sudheer Chava ², Heather Tookes³
  EDHEC Business School¹; Georgia Institute of Technology² ; Yale University ³
  • Discussant: Marc Lipson, University of Virginia
  
  
• Leverage and Liquidity: Evidence from the Closed-End Fund Industry PDF
  Yuehua Tang
  Georgia State University
  • Discussant: Spencer Martin, University of Melbourne