This paper leverages Google Trends search volume data from 2004 to 2008 as a proxy for investor information demand. The analysis documents that greater search activity prior to earnings announcements is positively associated with future market reaction to earnings announcements, pre-earnings...

Given several studies (inputs) of some phenomenon of interest, each input presents an estimate of a key parameter with an associated estimated precision. The random-effects model used in meta-analysis estimates this parameter based on a decomposition of the error term into within-input noise and...