Evans, Kevin P.; Speight, Alan E. H. - In: Journal of Business Finance & Accounting 33 (2006-01) 1-2, pp. 263-283
The fully-revised data typically utilized in empirical research do not reflect the true information available to financial market participants at the time of their decision-making. This paper uses a new real-time macroeconomic dataset to appraise the relative importance of different vintages of...