The information revolution currently underway has changed the economy in ways that are hard to measure using … conventional GDP procedures. The information available to consumers has increased dramatically as a result of the Internet and its … now has an unprecedented amount of information on which to base consumption choices, and the "free" nature of the …

rely on housing price capitalization. It is a computational analog to Chetty's [2009] call for considering the measurement …

due to measurement error. We conclude that the evidence on the prevalence of small price changes is much too weak to be …

This paper assesses different organizational forms in terms of their ability to generate information about investment … likely to be attractive when information about individual projects is soft' and cannot be credibly transmitted. Moreover …, holding fixed firm size, soft information also favors flatter organizations with fewer layers of management. In contrast …

This paper explores environments in which either the revelation or diffusion of information, or its incorporation into … methodology and for understanding the process by which stock prices incorporate information. Two environments are highlighted …. First, information is often not revealed in one announcement but rather through a process of gradual public revelation …

A model of interest rate movements in response to new information on the money stock is developed.The model, which …