We develop a new theory of international capital flows based on dispersed in-formation across individual investors …-standing asset price behavior. We introduce information dispersion into an openeconomy dynamic general equilibrium portfolio choice … model, and emphasize twoimplications for capital flows that are speci…c to the presence of dispersed infor-mation. First …

motives, the roles and the consequences of the Jesuits as agents of information regarding China affected the European … and transmission of information. It finds that economic progress and political consolidation in Europe did result in a …

We explore the relationship between public information and implementable outcomes in an environment characterized by … random endowments and private information. We show that if public signals carry no information about private types, then an … Bayesian incentive compatibility. The result extends the notion, dating to Hirshleifer (1971), that public information can have …

strongly to predictable marginal cost changes, as expected from the Mankiw and Reis (2002) Sticky information model. We find …

. This paper examines the effect of information on the gender gap in tournament entry. We present experimental evidence that …

against malaria in Honduras. The paper additionally analyzes 'information externalities' associated with non-specific malaria … information externalities exist, they nonetheless do not deliver adequate levels of knowledge proficiency to induce desirable anti …

assign parents to either an information group, who receives text messages with weekly data on their child's attendance and …-specific information. We find that information makes parents more accurate about students' absences, and has large impacts on their …, and lead them to independently acquire additional information about student performance. Our results have implications for …