Showing 1 - 10 of 2,624
Persistent link: https://www.econbiz.de/10012609839
We study how the quality of investors' information across horizons influences investment. In our theory, managers care … managers focus on current stock prices. Therefore, the quality of investors' information across horizons has real effects …
Persistent link: https://www.econbiz.de/10014236279
Persistent link: https://www.econbiz.de/10014419396
Persistent link: https://www.econbiz.de/10003741145
Persistent link: https://www.econbiz.de/10003425762
Persistent link: https://www.econbiz.de/10001656627
We provide a tractable characterization of the sharp identification region of the parameters ø in a broad class of incomplete econometric models. Models in this class have set valued predictions that yield a convex set of conditional or unconditional moments for the observable model variables....
Persistent link: https://www.econbiz.de/10008660616
Persistent link: https://www.econbiz.de/10014461167
Persistent link: https://www.econbiz.de/10009619347
Persistent link: https://www.econbiz.de/10010189353