Is Human-Interaction-based Information Substitutable? Evidence from Lockdown
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We study information substitutability in the nancial market through a quasi-natural experiment: the pandemic-triggered lockdown that has hampered peoples physical interactions and hence the ability to collect, process, and transmit human-interaction-based information. Exploiting the cross-sectional
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美国国家经济研究局创建时间:
2021-11-01



