the industry they operate in. We find that firm level information appears to be used as a gauge for transition risk, in …

information and news channel. A novelty of the study is its use of data from Google Analytics on ECB website traffic as proxy for … communication on the information demand of the public and ultimately on inflation expectations. Overall, this study shows that …-term professional inflation expectations. Our findings add to the theoretical evidence on the existence of an information and news …

How do financial markets price new information? This paper analyzes price setting at the intersection of private and … public information, by testing whether and how the reaction of financial markets to public signals depends on the relative … importance of private information in agents’ information sets at a given point in time. It studies the reaction of UK short …

CDS markets becoming more sensitive to systematic risk while cash bond markets priced in more information about liquidity …

We study the information flow from the ECB on policy dates since its inception, using tick data. We show that three …