The Inefficient Pricing of News
收藏NBER2026-04-01 更新2026-04-25 收录
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https://www.nber.org/papers/w35093
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资源简介：
The stock market fails to efficiently process information in news text (Chen et al., 2026). But news itself is highly predictable by prevailing stock characteristics, which complicates inferences about market efficiency. After purging news of its predictable content, the remaining pure news more
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美国国家经济研究局创建时间：
2026-04-01
