Neely, Christopher J. (contributor); … - 2007 - Rev.
intervention is state contingent. In the event that the noise shock deepens, the level of
intervention is
2
I . If on the other … to be interpreted
as that which occurs conditional on 0
2
>
.
= SS , i.e. pessimism increases. In the event that the … the Mispricing of Accruals.”
Review of Accounting Studies, 2003, 8(2-3), pp. 251-76.
DeLong, J.B., A. Shleifer, L …