Multifrequency News and Stock Returns
收藏数据链接：
官方服务：
资源简介：
Recent research documents that aggregate stock prices are driven by shocks with persistence levels ranging from daily intervals to several decades. Building on these insights, we introduce a parsimonious equilibrium model in which regime-shifts of heterogeneous durations affect the volatility of
提供机构：
美国国家经济研究局创建时间：
2005-06-01
