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December 12, 2022, Paper: "We document new patterns in investment behavior using a comprehensive dataset of 401(k) plans from 2009 through 2019. We show that there is substantial…
January 2021, Paper: "Brokers play a critical role in intermediating institutional transactions in the stock market. Despite the importance of brokers, we have limited information…
August 2019, Paper, "Brokers continue to play a critical role in intermediating institutional stock market transactions. More than half of all institutional investor order flow is…