The stock market’s reaction to macroeconomic news under ambiguity |
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Authors: | Viale Ariel M Giannetti Antoine Garcia-Feijoó Luis |
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Institution: | 1.Marshall E. Rinker School of Business, Palm Beach Atlantic University, Florida, USA ;2.Department of Finance, Florida Atlantic University, Florida, USA ; |
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Abstract: | Financial Markets and Portfolio Management - We investigate the quality of the information that macroeconomic news conveys to the stock market about future business conditions. Our econometric... |
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