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Betas from return regressions are commonly used to measure systematic financial market risks. "Good" beta measurements are essential for a range of empirical inquiries in finance and macroeconomics. We introduce a novel econometric framework for the nonparametric estimation of time-varying betas...
Persistent link: https://www.econbiz.de/10014354368
als im Wesentlichen problematisch aufgefasst, so dass die real existierenden Schwierigkeiten im Umgang mit Information …
Persistent link: https://www.econbiz.de/10010309477
als im Wesentlichen problematisch aufgefasst, so dass die real existierenden Schwierigkeiten im Umgang mit Information …
Persistent link: https://www.econbiz.de/10010984598
Persistent link: https://www.econbiz.de/10010482182
Persistent link: https://www.econbiz.de/10014577098
information. Results of the research provide evidence that defined data quality dimensions have an effect on decision …-making performance as well as the time it takes to make a decision. Contents Recent research of data and information quality, as well as … including results Target Groups Researchers and students in the field of Information Systems, Computer Science, Information …
Persistent link: https://www.econbiz.de/10012819096
zur Unterscheidung zwischen „Daten“ und „Information“ – vermittelt. Nach einer Diskussion des Informationsbegriffs wird … die Bedeutung von Information auf den Ebenen Gesellschaft, Unternehmen und persönliche Informationsnutzung diskutiert. In …
Persistent link: https://www.econbiz.de/10014636896
We develop the necessary methodology to conduct principal component analysis at high frequency. We construct estimators of realized eigenvalues, eigenvectors, and principal components and provide the asymptotic distribution of these estimators. Empirically, we study the high frequency covariance...
Persistent link: https://www.econbiz.de/10012971197
We provide a new framework for using text as data in empirical models. The framework identifies salient information in … in the extant literature dissipate when the salient textual information is included. The results suggest the previously … distortions associated with asymmetric information …
Persistent link: https://www.econbiz.de/10012898019