• Title of article

    Is public information really irrelevant in explaining asset returns?

  • Author/Authors

    Radcliffe G. Edmonds Jr.، نويسنده , , Ali M. Kutan، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2002
  • Pages
    7
  • From page
    223
  • To page
    229
  • Abstract
    Using aggregated data on macroeconomic announcements may disguise the effect of public information on asset returns. We use a disaggregated procedure that captures the impact of each announcement on Nikkei returns and find that public information does affect the market
  • Keywords
    Asset returns , Macroeconomic announcements , JAPAN , Stock market , Public Information
  • Journal title
    Economics Letters
  • Serial Year
    2002
  • Journal title
    Economics Letters
  • Record number

    434982