Conformism and Public News /

We study a model where investment decisions are based on investors' information about the unknown and endogenous return of the investment. The information of investors consists of endogenously determined messages sold by financial analysts who have access to both public and private information...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Rochon, Celine
Rannpháirtithe: Desgranges, Gabriel
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2011.
Sraith:IMF Working Papers; Working Paper ; No. 2011/033
Ábhair:
Rochtain ar líne:Full text available on IMF