The Shift from Active to Passive Investing: Risks to Financial Stability?

Author:

Anadu Kenechukwu1,Kruttli Mathias2,McCabe Patrick3,Osambela Emilio4ORCID

Affiliation:

1. Kenechukwu Anadu is assistant vice president at the Federal Reserve Bank of Boston, Boston, Massachusetts.

2. Mathias Kruttli is senior economist at the Board of Governors of the Federal Reserve System, Washington, DC.

3. Patrick McCabe is deputy associate director at the Board of Governors of the Federal Reserve System, Washington, DC.

4. Emilio Osambela is principal economist at the Board of Governors of the Federal Reserve System, Washington, DC.

Publisher

Informa UK Limited

Subject

Economics and Econometrics,Finance,Accounting

Reference71 articles.

1. Agarwal, Vikas, Paul Hanouna, Rabih Moussawi, and Christof Stahel. 2018. “Do ETFs Increase the Commonality in Liquidity of Underlying Stocks?” Working paper11 (December) Available at https://ssrn.com/abstract=3001524.

2. Aramonte, Sirio, and Egemen Eren. 2019. “Financial Markets Remain Vulnerable to Year-End Stress.” BIS Quarterly Review (March): 8–9.

3. Comovement

4. Barclays. 2018. “US Credit Alpha: Dissecting the Sell-Off.”26 (October) .

5. Do ETFs Increase Volatility?

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