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Publications of Jiahong Shi

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Discussion Papers

Why Don’t Most Mutual Funds Short Sell?

An intriguing observation in the US mutual fund industry is that most equity funds do not short sell, even though virtually all regulatory...

July 2021
DP 838
Li An
Shiyang Huang
Dong Lou
Jiahong Shi

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Price discovery with a richer market microstructure noise

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