asset commonality in the spirit of CoVaR as defined by Adrian and Brunnermeier (2016). Based on granular information, we …

models containing news shocks. This paper shows how to formally evaluate the information content of observed variables with …

information (data collection and processing) and communication (relationships and distribution). Both follow historic trends … towards an increased use of hard information and less inperson interaction, which are accelerating rapidly. We point to more …

agents cannot process all available information, but they can choose which exact pieces of information to attend to. Several … important results in economics have been built around imperfect information. Nowadays, many more forms of information than ever … before are available due to new technologies, and yet we are able to digest little of it. Which form of imperfect information …

study is to understand those dynamics, how the external value of the British sterling relative to the USD evolved during the …