Showing 1 - 10 of 196
the value of their potential innovation in industries characterized by a greater degree of knowledge asymmetries. Based on …
Persistent link: https://www.econbiz.de/10005791501
-tech groups and direct information on each firm’s access to bank credit, high-tech firms are found to be more likely to be credit …
Persistent link: https://www.econbiz.de/10005123591
efficiency; provides further insight into why Open Source Software is a successful model of innovation and development in digital …
Persistent link: https://www.econbiz.de/10005067419
We investigate whether providers of high frequency news analytics affect the stock market. As identification, we exploit a unique experiment based on differences in news event classifications between different product releases of a major provider of news analytics. We document a causal effect of...
Persistent link: https://www.econbiz.de/10011252620
information in investor demand co-exists with the presence of capacity constraints in hedge fund returns, confirming two main …
Persistent link: https://www.econbiz.de/10008692307
information is endogenous, and jointly determined with policy opinions. We therefore estimate a causal effect of information, with … effect of better information on the willingness to accept reforms that reduce the generosity of the pension system. Finally … we do not find that exposure to media coverage of pension issues significantly improves information, possibly because …
Persistent link: https://www.econbiz.de/10005662128
This Paper analyses the effect of a possible takeover on information flows and on the terms of trade in business …
Persistent link: https://www.econbiz.de/10005662138
This paper challenges the widespread view that forward exchange premia contain little information regarding subsequent … cointegrating space. Dynamic forecasts indicate that the information in the forward premia can be used to reduce the root mean …
Persistent link: https://www.econbiz.de/10005662140
information? The answer to the first question is 'yes' and that to the second is 'under some conditions'. …
Persistent link: https://www.econbiz.de/10005666465
This paper shows that the explanation of the decline in the volatility of GDP growth since the mid-eighties is not the decline in the volatility of exogenous shocks but rather a change in their propagation mechanism.
Persistent link: https://www.econbiz.de/10005666727