Distilling the Macroeconomic News Flow
نویسندگان
چکیده
منابع مشابه
Macroeconomic News Announcements, Financial Market Volatility and Jumps
This paper studies the financial market responses to macroeconomic news announcements, in the form of volatility and jumps. The traditional empirical literature using daily or lower-frequency data finds mixed or relatively weak evidence of big price movements during the announcement periods, which seems to falsify the efficient market hypothesis. However, with the advance of high frequency data...
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This paper studies how the views of sophisticated traders are impounded into stocks and bonds around macroeconomic news announcements. I find evidence that sophisticated traders trade on predictions of macroeconomic news reports before announcements and obtain their informational advantage using public information. Specifically, consensus forecasts of upcoming data releases suffer from anchorin...
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Two parts of an entangled quantum state can have a correlation, in their joint behavior under measurements, that is unexplainable by shared classical information. Such correlations are called nonlocal and have proven to be an interesting resource for information processing. Since nonlocal correlations are more useful if they are stronger, it is natural to ask whether weak nonlocality can be amp...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2013
ISSN: 1556-5068
DOI: 10.2139/ssrn.2220457