Purpose – The purpose of this manuscript is to quantify exactly how much information and/or predictive content is contained in business sentiment surveys. Design/methodology/approach – This paper uses techniques drawn from information theory econometrics, and more specifically the theory of...

The purpose of this manuscript is to quantify exactly how much information and/or predictive content is contained in business sentiment surveys. This paper uses techniques drawn from information theory econometrics, and more specifically the theory of information entropy, to characterize the...

Purpose – In 2004, as the economy lay in stagnation, Congress searched for ways to stimulate job growth. Many members of Congress believed that high US taxes on repatriated earnings discouraged US-based multinational enterprises (MNEs) from bringing cash (in the form of dividends) home and...