The short long - paper by Andy Haldane and Richard Davies

In a paper to be presented at the 29th SUERF (Société Universitaire Européene de Recherches Financières) Colloquium in Brussels on 11th May, Andrew Haldane – Executive Director for Financial Stability – and Richard Davies discuss the effects of short-termism in investment decision-making.
Published on 09 May 2011

Drawing on evidence across time and industrial sectors, they argue that short-term behaviour is significant among investors in capital markets and is rising over time. They examine the adverse implications of short-termism for investment choice and outline policy options to counteract it.

PDFPress release


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