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...
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| その他の著者: | |
| フォーマット: | 雑誌 |
| 言語: | English |
| 出版事項: |
Washington, D.C. :
International Monetary Fund,
2011.
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| シリーズ: | IMF Working Papers; Working Paper ;
No. 2011/033 |
| 主題: | |
| オンライン･アクセス: | Full text available on IMF |