/U.K. (1629-1812), U.K. (1813-1870) and U.S. (1871-2015). We show that dividend yields are stationary and consistently forecast …

volatility forecast, coupled with a parametric lognormal-normal mixture distribution implied by the theoretically and empirically …

firms and often issue several forecasts in a single day. We find that forecast accuracy declines over the course of a day as … closely with the consensus forecast, by self-herding (i.e., reissuing their own previous outstanding forecasts), and by … issuing a rounded forecast. Finally, we find that the stock market understands these effects and discounts for analyst …

In this paper we show that omitted variables and publication bias lead to severely biased estimates of the value of a … that the same issues plague the estimation of monetary trade-offs regarding safety in other contexts …

We propose a test of bias based upon patterns of judicial errors. We model the trial court as minimizing a weighted sum … of type I and II errors. We define racial bias a situation where the weight depends on defendant/victim race. If the …

and show they behave well in realistic scenarios, correcting the large bias problem of the full sample estimator. We use …