analyst report readability reduces forecast dispersion but is not associated with revision news, and that market reactions are … forecast dispersion predicted by report readability. Finally, the positive effect of readability on stock prices is higher when … more R&D spending, when transaction costs are higher, when analysts are more experienced, or when forecasts are issued …

characteristics of USD/JPY exchange rate forecasts. Our sample period, which spans two decades, incorporates a range of economic and … results clearly demonstrate that analyst forecast errors, and forecast dispersion, increase with EPU. US monetary policy … uncertainty and Japanese trade policy uncertainty are particularly important in generating forecast dispersion. The empirical …

through financial markets when enforcement is based on the threat of exclusion from future trading as well as on costly …