, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to … power for both GDP growth and excess stock returns, and that the results are robust to the inclusion of information …

This paper studies the relationship between the amount of public information that stock market prices incorporate and … vectors of assets accessing multidimensional information under two alternative market structures. In the first (the … want to trade. I show that informed traders’ incentives to exploit multidimensional private information depend on the …

accruals contain information about changes in discount rates, or that firms manage earnings in response to market …

This paper shows that information effects per se are not responsible for the Giffen goods anomaly affecting competitive … traders’ demands in multi- asset, noisy rational expectations equilibrium models. The role that information plays in traders …

conditional asset pricing model where risk premia and risk sensitivities are conditioned on a range of financial information …