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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" ...
Good News and Bad News: Representation Theorems and Applications.
We explore a subtle but important mechanism through which firms manipulate their information environments. We show that firms control information flow to the market through their specific organization...
We explore empirically models of aggregate fluctuations in which consumers form anticipations about the future based on noisy sources of information and these anticipations affect output in the short ...
We investigate the trading behavior of a large set of single investors trad-ing the highly liquid Nokia stock over the period 2003-2008 with the aim of determining the relative role of endogenous and ...
The empirical literature on environmental performance or compliance has followed two strands: one based on the impact of formal regulation as a means of inducing better environmental performance, and ...
10 April 2007,BEIJING, PEOPLE’S REPUBLIC OF CHINA - Farmers, especially smallholders, and the rural poor of six nations stand to benefit from a new program that aims to foster cross-border trade and i...

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