's information set for the myopic stock-bond portfolio. In-sample I find that the best forecast of the volatility and correlation is … simply the previous realised estimate. However, out-of-sample, analyst forecasts provide information not contained in …

Prediction Markets, sometimes referred to as "information markets", "idea futures" or "event futures", are markets … theoretical contributions that emphasize the possibility that these markets efficiently aggregate disperse information, and the … sophisticated benchmarks. Along the way, we highlight areas ripe for future research. -- prediction markets ; information markets …

Documented results indicate prediction markets effectively aggregate information and form accurate predictions. This …

countries, a higher precision of public information regarding interest rates increases welfare. During forward guidance, public … information is less precise than private information. …