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NEWS ABOUT NEWS:INFORMATION ARRIVAL AND IRREVERSIBLE INVESTMENT
NEWS ABOUT NEWS INFORMATION ARRIVAL IRREVERSIBLE INVESTMENT
2015/9/18
We analyze how uncertainty about when information about future returns to a project may be revealed affects investment. While "good news" about future returns boosts investment, "goodnews about news" ...
Information Transmission in Informationally Linked Markets: Evidence from US and Chinese Commodity Futures Markets
Commodity futures Informationally linked markets Synchronous and non-synchronous trading Price discovery
2014/1/13
This paper investigates information transmission and price discovery in informationally linked markets within the multivariate generalized autoregressive conditional heteroskedasticity and information...