Measuring under-and overreaction in expectation formation
S Kučinskas, FS Peters - Review of Economics and Statistics, 2024 - direct.mit.edu
We develop a framework for measuring under-and overreaction in expectation formation.
The basic insight is that under-and overreaction to new information is identified (up to sign) …
The basic insight is that under-and overreaction to new information is identified (up to sign) …
Measuring Under-and Overreaction in Expectation Formation
S Kucinskas, FS Peters - Review of Economics and Statistics …, 2022 - papers.ssrn.com
We develop a framework for measuring under-and overreaction in expectation formation.
The basic insight is that under-and overreaction to new information is identified (up to sign) …
The basic insight is that under-and overreaction to new information is identified (up to sign) …