In 1989, Culter, Poterba, and Summers [1989] published a paper examining the extent to which ex post movements in aggregate stock prices could be attributed to the arrival of news. The research was motivated by Richard Roll's [1988] presidential address to the American Finance Association, in which he concluded that only about a third of the variation in market indices could be attributed to economic influences
grateful for the very helpful comments from the editor, Abbie Smith, and the referee. Roll [1988] ob...
textabstractIn a recent investigation which the author has made for the League of Nations Secretaria...
We examine next-day newspaper accounts of large daily jumps in 16 national stock markets to assess t...
extent to which ex-post movements in aggregate stock prices could be attributed to the arrival of ne...
The topic of the external events and information having a potential impact on the stock prices movem...
Several recently reported studies have considered whether changes in accounting methods by firms who...
This paper examines the information content of the Small Stock Focus column in the Wall Street Jou...
Legend has it that once upon the time two economists were walking together when one of them saw some...
This paper finds that the majority of stock price movements remain unexplained after controlling for...
This study provides evidence that stock market participants revise their forecasting strategies in r...
What effect does a financial news article have on stock price? To answer this question we investigat...
The authors synthesized and extended recent research demonstrating that investor recognition is a di...
textThis dissertation examines the effect of stock ownership on individuals' political behavior. I a...
The authors would like to thank David Rapach, John Duca, and Tom Fomby for helpful comments on a pre...
Do stock market movements predict business cycles? Opin-ions differ. Focusing on the link between mo...
grateful for the very helpful comments from the editor, Abbie Smith, and the referee. Roll [1988] ob...
textabstractIn a recent investigation which the author has made for the League of Nations Secretaria...
We examine next-day newspaper accounts of large daily jumps in 16 national stock markets to assess t...
extent to which ex-post movements in aggregate stock prices could be attributed to the arrival of ne...
The topic of the external events and information having a potential impact on the stock prices movem...
Several recently reported studies have considered whether changes in accounting methods by firms who...
This paper examines the information content of the Small Stock Focus column in the Wall Street Jou...
Legend has it that once upon the time two economists were walking together when one of them saw some...
This paper finds that the majority of stock price movements remain unexplained after controlling for...
This study provides evidence that stock market participants revise their forecasting strategies in r...
What effect does a financial news article have on stock price? To answer this question we investigat...
The authors synthesized and extended recent research demonstrating that investor recognition is a di...
textThis dissertation examines the effect of stock ownership on individuals' political behavior. I a...
The authors would like to thank David Rapach, John Duca, and Tom Fomby for helpful comments on a pre...
Do stock market movements predict business cycles? Opin-ions differ. Focusing on the link between mo...
grateful for the very helpful comments from the editor, Abbie Smith, and the referee. Roll [1988] ob...
textabstractIn a recent investigation which the author has made for the League of Nations Secretaria...
We examine next-day newspaper accounts of large daily jumps in 16 national stock markets to assess t...